Write For Us

Lockdown slump threatens to cripple India's economy | DW News

Sponsored Post Vitamin D2 Canada Persia
71 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
In India, new coronavirus infections hit a daily record of 184,372. Hardest hit is the country's economic engine: the state of Maharashtra and its capital Mumbai, where a lockdown aims to curb the spread of infections. But it also cripples businesses and those struggling to make ends meet.
Mumbai is the capital of one of India's richest and most industrialized states. And leader of the country's exploding COVID-19 resurgence. Now a tight lockdown has been extended to weekends. Some say its choking businesses and livelihoods.
The impact on the broader economy has been considerable too. Industrial output contracts fell 3.6% in February, faster than expected and giving fuel to concerns that the economy is slowing.
Not all states in India haven't implemented a lockdown. And now there are fears that unless this second wave is brought under control fast, it could dash hopes of a swift recovery in one of the world's fastest growing economies.


Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#India #Coronavirus #Maharashtra
Category
Europe
Tags
DW News
Sign in or sign up to post comments.
Be the first to comment