Fresh Restrictions in Maharashtra and its effect on markets

India saw the largest-ever daily increase in Covid-19 cases, with 1,03,558 new cases added to the country”s total of 1,25,89,067. Maharashtra remained the worst-affected state in the country, with 57,074 new infections registered on Sunday, the highest daily increase ever. With 11,163 new infections, Mumbai, India”s financial capital, saw its highest-ever single-day rise, taking the total number of cases to 4,52,445 in the city.

Maharashtra Government imposed a fresh set of restrictions, amidst the worsening situation with high number of new Covid-19 cases being recorded. The second wave is resulting to be even more dangerous than the first in 2020. The restrictions also included a weekend lockdown to curb the surge in Covid cases. 

Followed by a Cabinet meeting, chief minister Uddhav Thackeray announced the restrictions. While addressing on Friday, the chief minister cautioned that if the bleak situation continued, lockdown would be imposed. The state””””s weekend lockdown will begin at 8 p.m. on Friday and last until 7 a.m. on Monday. From 8 p.m. to 7 a.m., a night curfew will be in effect. These restrictions are not enforced to essential services.

In Maharashtra, here”s a summary of what”s open and what”s closed. These restrictions will be applicable till April 30th.

One thought on “Fresh Restrictions in Maharashtra and its effect on markets

Leave a Reply

Your email address will not be published. Required fields are marked *