Survey On Impact Of Ongoing Lockdowns On Economic Prospects: CARE Ratings
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CARE Ratings Research Report
India has been witnessing an alarming resurgence in Covid-19 infections since March 2021.
Consequently several states have imposed lockdowns/restrictive measures to curb the spread of the virus.
Worsening pandemic situation, localised lockdowns and slower than expected pace of vaccinations have darkened prospects of a nascent economic recovery and accentuated business uncertainty.
Our survey on 'Impact of ongoing lockdowns on economic prospects' was conducted to understand and evaluate the impact of the second wave of Covid-19 and subsequent restrictions on the economy.
It seeks views on the impact on business operations (including for small and medium enterprises) and likely relief measures expected from the government and the Reserve Bank of India.
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