Explained: Why Indian businesses are worried about 2nd Covid wave

Many businesses in the country are again facing a crisis and sentiment has been disrupted across the board, according to the latest round of FICCI’s Business Confidence Survey. Here are some of the biggest problems that Indian businesses are facing during the second Covid-19 wave.

The second wave of Covid-19 is waning, but states are yet to ease local lockdown-like restrictions, leading to reduced economic activities. As a result, the second wave has eroded the gains businesses made over the last few months. Many businesses in the country are again facing a crisis and sentiment has been disrupted across the board, according to the latest round of FICCI’s Business Confidence Survey. Read | Covid derails economy: 5 sectors that have been hit hard