Lockdowns to cost Rs 1.5 lakh crore in COVID wave II

Lockdowns to cost Rs 1.5 lakh crore in COVID wave II

India is projected to take a Rs 1.5 lakh crore hit in business activity due to the ongoing lockdowns amid the second wave of COVID-19

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Mudit Kapoor
  • Apr 23, 2021,
  • Updated Apr 23, 2021 4:44 PM IST

India is projected to take a Rs 1.5 lakh crore hit in business activity due to the ongoing lockdowns amid the second wave of COVID-19. Of that, three states Maharashtra, Madhya Pradesh, and Rajasthan account for 80% of the impact. Maharashtra-India's most industrialised state-alone constitutes 54% of the losses

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India is projected to take a Rs 1.5 lakh crore hit in business activity due to the ongoing lockdowns amid the second wave of COVID-19. Of that, three states Maharashtra, Madhya Pradesh, and Rajasthan account for 80% of the impact. Maharashtra-India's most industrialised state-alone constitutes 54% of the losses

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