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Maharashtra lockdown: Rs 40,000 crore dent on Indian economy; explained

Maharashtra lockdown: Rs 40,000 crore dent on Indian economy; explained The dip in output by around Rs 40,000 crore in the case of Maharashtra would lead to a decline in Gross value added (GVA) growth by 0.32% at the overall domestic economic level BusinessToday.In | April 6, 2021 | Updated 14:43 IST The rising cases and probability of more restrictions in Maharashtra pose a big threat to businesses and the economy at large Lockdown curbs put in place in Maharashtra to stem the further surge in COVID-19 cases can dent India s economic growth. Disruption in the country s largest regional economy and most industrialised state can undermine India s overall growth.

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