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Wave of disruption

New Covid cases could threaten the fragile economic recovery

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This is a “reflection of further strengthening of V-shaped recovery” that began in Q2 of 2020-21, especially after a large GDP contraction in Q1 due to the lockdown, the Ministry of Finance said in a release

Business Standard Editorial Comment New Delhi
The Delhi government on Monday decided to extend the curfew for a week after the capital city recorded over 25,000 new Covid-19 cases on Sunday with a positivity rate of about 30. But the national capital is not the only region struggling to cope with a sudden surge in infection. Maharashtra is already under curfew and the state government is reportedly contemplating imposing stricter curbs. A number of other state governments have also imposed some kind of restriction to contain the spread of the virus and save the medical infrastructure from getting overwhelmed. Steps taken by state governments are understandable