Moody's VP sums up emerging uncertainties and why lockdowns disproportionately affect economies like India SECTIONS Last Updated: Apr 15, 2021, 12:19 PM IST Share Synopsis "In economies such as India, there is a high concentration of jobs in the services sector. Here, for real consumption to happen, people have to leave their homes and physically go to places like restaurants or haircutting saloons. For such economies, it is going to be harder to do as well as the ones with a high number of work-from-home jobs." Agencies It's too early to start forecasting any changes on the fiscal deficit front, says William Foster. (Image courtesy: Moody's)