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Recovery signs are visible, remove uncertainties over mini lockdowns: CII

Industry body wants containment zones limited to micro areas for seamless functioning of supply chains across state and district boundaries

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The critical construction sector, which has a large employment multiplier impact on the economy, is rebounding too, with most construction sites resuming operations

Indivjal Dhasmana New Delhi
Industry body Confederation of Indian Industry (CII) on Tuesday batted for removing uncertainties associated with imposing ‘mini’ lockdowns so that businesses can function smoothly. It said there were early signs of economic recovery and it was important to build on them. 

To ensure that supply chains function seamlessly across state and district bou­ndaries, containment zones should be limited to small areas, said Chandrajit Ban­erjee, director-general, CII.

It is important to reduce uncertainties regarding restrictions to aid recovery, he said. “Corporates are unable to plan beyond a horizon of a few weeks, affecting all operations,” he added.

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