InvestorQ : Has the Prime Minister Mr. Modi hinted at extension of the lockdown till end of May?
Ria Jain made post

Has the Prime Minister Mr. Modi hinted at extension of the lockdown till end of May?

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diksha shah answered.
8 months ago
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While there is no direct reference, it does look like the government may not full lift the lockdown even on May 17. That is likely to disappoint markets. In fact, the prime minister asked all chief ministers of states to get ready for Lockdown 4.0. The number of COVID-19 cases rose rapidly beyond 70,000 in India. Health observers are expecting the number of afflictions in India to cross 100,000 before the end of this week. The economy is expected to be opened up during this week in a phased manner and the challenge will be to ensure that such social interaction does not lead to a spurt in COVID-19 cases. Indian economy is already under tremendous stress on account of the lockdown of over 50 days.

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