Chiefs of India Inc. on Tuesday welcomed Prime Minister Narendra Modi’s decision to extend the lockdown in the country till May 3, 2020. “Prime Minister has also provided a guidance on exit from the lockdown after April 20, which helps industry plan better. The extension gives the government adequate preparation time to organise an orderly and safe restart of the economy as and when health conditions permit. Industry too can devise its strategies for commencing operations accordingly during this extension period,” Mr. Banerjee added. Subhrakant Panda, MD, Indian Metals and Ferro Alloys (IMFA) believes that the extension of the lockdown until May 3 was necessary as India is at a critical stage of the battle to contain the COVID-19 outbreak.

Source: The Hindu April 14, 2020 16:33 UTC