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Extension of lockdown for further two weeks will allow calibrated opening of economic activities: President FICCI

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The new guidelines are based on the risk profiling of the districts into Red (Hotspot), Green and Orange zones

The extension of the lockdown period for a further period of two weeks from May 4, with the new guidelines based on the risk profiling of the districts into Red (Hotspot), Green and Orange zones will allow a calibrated opening of the economic activities,” said Dr Sangita Reddy, President, FICCI.

“Though relaxations have been made in the business activities in the Green and Orange Zones, and to some extent in the Red zones also, a significant part of the economic activity will still remain in abeyance,” Dr Reddy added.

“While a regular assessment of the zones and activities is required to further relax the opening up of business activities, it is also now opportune time for the government to come up with the financial package, especially for the MSMEs, and for the industry on the whole,” FICCI President said.

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