PARTIAL EXIT FROM LOCKDOWN…?

PARTIAL EXIT, The worldwide lockdown due to the Coronavirus pandemic is being apprehended to cause a major economic depression around the globe post lockdown. Thus India has crafted an exit strategy to revive PARTIAL  the stalled economy by letting manufacturers of Information Technology PARTIAL  Hardware, farmers and industries in rural areas resume activities after April 20, 2020.

REMOVAL OF RESTRICTIONS

Along with farmers, industries and IT hardware sectors, e-commerce companies, movement of goods by road and operations of port and air cargo will also be allowed, as per the statement of the Ministry of Home Affairs. The minister also made it clear that these relaxations will not be applied for the virus containment zones. Concern over the states not ensuring safety and social distancing protocols were expressed.

PARTIAL EXIT, Rural industries like food processing, mines and minerals productions, packaging material, gas and oil exploration and refineries will be allowed. Road construction, irrigation projects, construction PARTIAL  work and projects in industrial sectors will be allowed to operate. Agricultural activities would remain fully functional according to the order.

INSTRUCTIONS AND FACTS RELATED TO PARTIAL LIFTING OF LOCKDOWN

  • Factories in industrial zones can re-start operations.
  • Dormitories for workers in or nearby factory premises are to be provided by the companies.
  • Social distancing norms are to be applied during operations.
  • Refineries, transportation and distribution of petroleum products are to be active.
  • Jute and packaging material manufacturing units are allowed to operate.
  • Permission is given to coal production and transportation.
  • Officially, India has reported 11,487 cases of coronavirus infection and 393 deaths.

SLOW GROWTH OF ECONOMY

These economic guidelines seem to PARTIAL  portray that the lockdown in the upcoming weeks, extended till May 3, isn’t going to be as stringent as before stated Anunhuti Sahay, head of South Asia Economic Research at Standard Chartered Bank. Sahay stated that the economic hit wouldn’t be as bad as expected due to restart of activity in labour-intensive sectors.

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