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Permissible activities after lockdown: phased reopenings under conditions; essential sectors stay operational amid economic losses and inflation uncertainty.
The lockdown mandates phased, conditional resumption of activities: broadly permissible activities will reopen only after government-specified relaxations and protocols, while designated functional activities-agriculture, daily-wage work, cargo movement, health and public utilities, media, IT and maintenance services-remain operational under safety protocols. The lockdown is expected to cause significant short-term economic loss with concentrated impacts on transport, hospitality, restaurants and real estate. The inflationary effect is uncertain, as falling food prices could be offset by cost-push increases in non-food items due to supply disruptions. (AI Summary)
Date 21 Apr 2020
Meenakshi Jindal
Organization
Organization

ICSI

Connected
Connected

April 2020