Impact of COVID-19 curbs, reverse migration: Remittances fall up to 10% in 2 weeks
Synopsis Major remittance companies said the rapid spread of Covid in urban areas and concerns over a total lockdown, as was the case last March, have already prompted a section of the migrant workforce to leave the big cities. However, infrastructure and manufacturing projects, which have put in place an enabling ecosystem for the migrant staff at worksites. Agencies With India reporting over160,000 infections on Monday, several states have imposed restriction. Localised lockdowns in the industrial hubs of Maharashtra and apprehensions about similar curbs in Delhi-NCR have started affecting ...