Prefer strict safety measures to partial lockdowns: India Inc

Restricted movement of labour will lead to a fall in production/sales, say CEOs

Cautioning that partial lockdown measures could impact the movement of labour and goods, leading to a decline of up to 50% in production, India Inc believes stringent implementation of safety norms is a better option than partial lockdowns, according to a survey by the CII. The survey on the impact of partial lockdowns on industry, conducted among 710 CEOs and senior industry leaders from manufacturing and services sectors, comes at a time when several States are imposing restrictions such as night curfew and full lockdowns amid a surge in COVID-19 cases. “Three out of four respondents feel that the implementation of night curfew or a partial lockdown will impact movement of labourers and workers to factories and workplaces, respectively. Out of these respondents, a further majority (52%) foresee a fall in production/sales ranging between 10%-50%, on a monthly basis, due to the restricted movement of labour,” the CII said.