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Industry Body Urges Curbs To Economic Activity To Save Lives Amid Covid

Industry Body Urges Curbs To Economic Activity To Save Lives Amid Covid

NDTV
Sunday, May 02, 2021 07:02:13 PM UTC

Billionaire Uday Kotak, managing director of Kotak Mahindra Bank, said a "maximal response measure at the highest level is called for to cut the transmission links", as building healthcare infrastructure will take time.

Leading Indian industry body urged authorities to take the "strongest national steps" and to curtail economic activity to save lives on Sunday as the country battles surging coronavirus cases that have overwhelmed the healthcare system. The rate of new infections dipped marginally but deaths kept climbing. Authorities reported 392,488 new cases in the previous 24 hours, pushing total cases to 19.56 million. Deaths jumped by a record 3,689, taking the overall death count to 215,542. Billionaire Uday Kotak, managing director of Kotak Mahindra Bank, said a "maximal response measure at the highest level is called for to cut the transmission links", as building healthcare infrastructure will take time. He was speaking on behalf of the Confederation of Indian Industry (CII), where he is the president.
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