New Delhi: The lockdown implemented to stop the spread of global epidemic corona virus is having a bad effect on the economy. The country is currently facing a 21-day lockdown. This has brought business activities to a standstill across the country. Due to which companies of different sectors are facing heavy losses.
Government lifted ban from these drugs
According to a survey by the Confederation of Indian Industry (CII), not only the companies’ balance sheets are expected to deteriorate due to the lockdown, but 15 to 30 per cent of people in different sectors may have to lose their jobs. CII has conducted this survey on the basis of interaction with companies from different sectors, in which senior executives of 200 companies participated. Nearly 52% of CEOs in the survey admitted that the lockdown could lead to loss of jobs. However, 46 percent of the people have also said that this will not lead to a job.
‘Corona’ hurts economy, unemployment rate rises to 23 percent
Whereas 2 per cent did not respond to this. Of the 52 percent who believed that the job would go, about 47 percent said that 15 percent of the people could go to jobs after the lockdown. While 32 percent say that 15 to 30 percent of people may have to lose their jobs. More than 15 percent believe that job cuts will be less than 30 percent. However, 5 percent people did not say anything in this regard.
