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Coronavirus outbreak: A 21-day lockdown may have cost India Rs 8 trillion

The sectors that have been most impacted are transport, hospitality, and real estate

Topics
Coronavirus | Indian Economy | Industrial production

Agencies  |  New Delhi 



lockdown, coronavirus, road
With the intent to contain the spread of Covid-19, Prime Minister Narendra Modi with effect from March 25 announced a nationwide complete lockdown that brought as much as 70 per cent of economic activity, investment, exports and discretionary consumption to a standstill.

The world’s biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Rs 7-8 trillion during the 21-day period, analysts and industry bodies said.

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First Published: Tue, April 14 2020. 01:17 IST

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