40-day lockdown to inflict $320bn loss on Indian economy: Report - Bhaskar Live

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Sunday, May 3, 2020

40-day lockdown to inflict $320bn loss on Indian economy: Report

The COVID-19 pandemic is expected to hit Indian economy with about $320 billion in terms of daily gross domestic product (GDP) loss after 40 days of lockdown, said a report.
The daily GDP of India is estimated to be approximately $8 billion.
The impact has been severe on the travel and mobility sector with unicorns such as OYO, Ola, MakeMyTrip seeing massive revenue decline, said the report from DataLabs by Inc42.

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