Mumbai during the first lockdown

Photo: Scroll.in

COVID-19: Reports Fear 2nd Lockdown Might Hamper Business Buoyancy

As India enters the second wave of Coronavirus, reports have observed that a second lockdown will adversely impact the businesses with the service sector becoming the worst sufferer. Reports also suggested that contact-based services might slip and nominal GDP growth may suffer if situation persists. According to a recent data released by the Centre, business output of eight core infrastructure sectors in February reduced to 4.6%, while it… read-more

Fri, 02 Apr 2021 - 05:40 PM / by Anvitha Shetty

Tags: Lockdown, Covid-19, SECOND WAVE, business, Service Sector

Courtesy: News 18