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15.05 - 19:52
Industry calls for stimulus, graded exit from lockdown
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All sectors should be allowed to begin with a quarter of their workforce to enable social distancing, and authorities should facilitate a smooth flow of goods, say business leaders NEW DELHI : Indian industry called upon the government to allow a graded opening of business operations along with a stimulus package to get the economy back on track with the nationwide lockdown slated to end on 3 May.
The curbs are unlikely to be lifted completely, with many parts still labelled covid red zones, but industry leaders said it was important to allow factories to restart even if at a fraction of their capacities. “We hope that the government will announce a fiscal stimulus package soon to move to a ‘V’-shaped recovery.
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