25 Apr 2020 When the second phase of the lockdown ends on 3rd May, it will have been 40 days since the lockdown was announced. The economic cost continues to mount, although the lockdown has helped flatten the COVID-19 curve. With each passing day, the economic impact of the lockdown across…
Browsing CategoryEconomy
CII Recommendations on Lockdown Exit
20 Apr 2020 The guidelines issued by the Government on relaxation of lockdown after 20th April within the parameters of safety precautions have brought relief to industry as well as workers and farmers. CII has suggested continued stringent lockdown in specified containment zones with rest of the identified hotspot districts to…
COVID-19 Calibrated Restarting of the Economy
18 Apr 2020 The lockdown in India starting March 25 brought almost all economic activity in India to a halt. A step necessary to save lives, it, however, put a question mark before the livelihoods for millions of Indians, especially those at the bottom of the pyramid such as migrant…
Spatial and Sectoral Considerations required for Calibrated Opening Up
15 Apr 2020 A calibrated and safe exit from the lockdown, subject, of course, to considerations being given to the geographical spread of COVID in the country, would be a practical approach. This is an evolving situation and therefore, we should be open to alter our approach as we go…
Impact of Lockdown and COVID-19 on the Indian Economy
12 Apr 2020 The Novel Coronavirus (or COVID-19) pandemic is causing a significant impact on individual lives, businesses, and the economy. The Indian economy was already witnessing a slowdown in the last few quarters and the current pandemic is going to make the recovery even more difficult. To curb the…
CII’s Suggested Economic Package for Restarting the Economy
11 Apr 2020 In the wake of the Covid-19 outbreak, that has had far reaching ramifications on the economy, the Confederation of Indian Industry (CII) has submitted its recommendations to the Government. These address many challenges that the economy is currently facing and would help in restarting the economy…
CII Recommendations on Health, Safety and Others for Restarting The Economy In a Safe and Sustainable Manner
09 Apr 2020 The rapidly intensifying Covid-19 pandemic has had devastating impacts across the global economy, stalling businesses operations and economic activity. The economic impact of the outbreak has been unprecedented, with the crisis seen as one of the worst ever. While the Indian economy was very well cushioned during…
CII Policy Recommendations for COVID-19
25 Mar 2020 Humankind is fighting a battle unforeseen in its existence. History is marred with massive pandemics, but the scale of devastation of the Coronavirus outbreak is unprecedented owing to the interconnected global market. In these trying times, the Confederation of Indian Industry (CII) stands firm with the nation,…
CII interventions to combat Coronavirus
22 Mar 2020 The world is currently passing through a challenging period due to the spread of Covid-19. The safety of people across the world is of paramount importance, while ensuring that the epidemic does not infect more and more with each passing day. For this, Hon Prime Minister has…
CII Recommendations on Enhancing Liquidity
21 Mar 2020 The recent outbreak of the Coronavirus (Covid-9) has caused unprecedented disruptions across the world, both at the national and international levels. It has adversely impacted business operations and economic activity across all sectors, while significantly disrupting global supply chains, thereby endangering expectations of a global recovery in…