Mumbai: NCP chief Sharad Pawar said that everyone should be prepared to face the impact of coronavirus outbreak on the country’s economy.
The economic situation of the country looks grim as the business activities have come to a standstill and the GDP would reduce to two per cent, he said.
Interacting with people through Facebook Live, Pawar asked citizens to avoid unnecessary expenditures and stay at home to break the chain of deadly viral infection.
Pawa said, “We should be ready to face the consequences of the coronavirus as it has impacted economic activities in the country. People should reduce expenditures for the next few weeks as the situation is grim. I appeal to people to stay at home.”
Replying to a question, he said, “Almost all business activities have halted. This will have a long-lasting impact on our economy. The experts have stated that GDP would come down to a mere two per cent.”
“Owners of sugar mills have been asked to make arrangements of food and shelter for the labourers, engaged in sugarcane harvesting, in the mill premises for next two-three weeks as the workers cannot return home due to the lockdown,” he said.