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Over 10,000 firms shut shop due to Covid

The government has informed the Parliament that over 10,000 firms in India shut down voluntarily between April 2020 and February this year due to the economic disruption caused by the Covid-19 pandemic, a report in the Scroll said. The nationwide lockdown imposed to curb the spread of the virus dealt a blow to the economy. In a written reply to the Lok Sabha, Minister of State for Finance and Corporate Affairs Anurag Thakur said that a total of 10,113 companies were struck off under Section 248(2) of the Companies Act, 2013, in the