What measures are authorities taking to prepare for the lockdown?
Mumbai Orders Work-From-Home, Shuts Malls as Infections Surge
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Business, Social Studies
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Hard
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The video discusses the recent surge in COVID-19 infections in Mumbai, leading to a lockdown in Maharashtra. Authorities have learned from past experiences and provided more preparation time for residents. The lockdown is expected to impact the economy, particularly in Maharashtra, which contributes significantly to India's GDP. The Central Bank's upcoming meeting will consider these new restrictions when deciding on monetary policies.
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What are the expected economic implications of the renewed restrictions?
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