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Covid-19 induced lock-down to dampen investment scenario: Study

Four out of the six parameters- investment rate, bank credit offtake, industrial production of capital goods and new investment projects are pointers to deteriorating investment scenario

Coronavirus: Lockdown to dampen investments, says CARE Ratings study

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Domestic activities were already constrained on account of disruptions in the global supply chain and were further impacted post announcement of lockdown in the country

Jayajit Dash Bhubaneswar

4 min read Last Updated : Mar 31 2020 | 5:29 PM IST

A countrywide lockdown imposed till April 14 to counter the impact of the deadly Coronavirus is slated to dampen the investment scenario. Adding to the woes of a slump in domestic GDP growth, the recent outbreak of Covid-19 and its snowballing into a major global health crisis is bound to have ramifications on India’s future investments, a study noted.

India is already in the throes of a bleak investment scene. Four out of the six parameters- investment rate, bank credit offtake, industrial production of capital goods and new investment projects are pointers to deteriorating investment scenario even though investment intentions

Topics : Coronavirus Lockdown Investments in India CARE Ratings GDP forecast

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