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i)
The economic impact of the 2020 coronavirus pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy. Notably India had also been witnessing a pre-pandemic slowdown, and according to the World Bank, the current pandemic has "magnified pre-existing risks to India's economic outlook".
ii)
As Covid-19 scare shuts the world down for business, corporate honchos are worried about the well-being of their employees and their business. Lemon Tree chairman Patu Keswani says about the enormity of the challenge: “In a high-contact business like hotels, how do you ensure your employees and guests are not exposed to this highly infectious virus with up to two weeks of dormancy?”
iii)
The COVID-19 pandemic in India is part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first case of COVID-19 in India, which originated from China, was reported on 30 January 2020. As of 25 June 2020, the Ministry of Health and Family Welfare (MoHFW) has confirmed a total of 473,105 cases, 271,696 recoveries (including 1 migration) and 14,894 deaths in the country. India currently has the largest number of confirmed cases in Asia,and has the fourth highest number of confirmed cases in the world with the number of total confirmed cases breaching the 100,000 mark on 19 May and 200,000 on 3 June.India's case fatality rate is relatively lower at 2.80%, against the global 6.13%, as of 3 June. Six cities account for around half of all reported cases in the country – Mumbai, Delhi, Ahmedabad, Chennai, Pune and Kolkata. As of 24 May 2020, Lakshadweep is the only region which has not reported a case. On 10 June, India's recoveries exceeded active cases for the first time reducing 49% of total infections
On 22 March, India observed a 14-hour voluntary public curfew at the instance of the prime minister Narendra Modi. It was followed by mandatory lockdowns in COVID-19 hotspots and all major cities. Further, on 24 March, the Prime Minister ordered a nationwide lockdown for 21 days, affecting the entire 1.3 billion population of India. On 14 April, the PM extended the nationwide lockdown till 3 May which was followed by two-week extensions starting 3 and 17 May with substantial relaxations. Beginning 1 June the Government has started unlocking the country (barring containment zones) in three unlock phases
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