Lockdown may have cost Rs 7-8L cr to Indian economy

The world’s biggest lockdown may have cost the Indian economy Rs 7-8 lakh cr during the 21-day nationwide lockdown period to contain Covid-19 pandemic, analysts said. The lockdown has brought 70% of economic activity, investment, exports and discretionary consumption to a standstill. Most severely impacted sectors are transport, hotel, restaurant, and real estate.

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