SBI feels the heat! Business activity index hits new low in April due to COVID-19 pandemic

Zee News This indicates the disruption caused by increased lockdowns and restrictions imposed in various states, is now having a meaningful impact on economic activity. All the indicators, except for labour participation and electricity consumption have declined significantly during April, indicating that labour market disruptions are still manageable unlike the first wave, it said. https://ift.tt/eA8V8J April 30, 2021 at 11:30AM This indicates the disruption caused by increased lockdowns and restrictions imposed in various states, is now having a meaningful impact on economic activity. All the indicators, except for labour participation and electricity consumption have declined significantly during April, indicating that labour market disruptions are still manageable unlike the first wave, it said.

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