Tag: labour problem

Aftermath of lockdown: companies now set to face labour problem

Tuesday, May 5, 2020
Entrepreneurs and exporters are struggling to crank up operations just when the government has relaxed stern restrictions because labourers have imposed a virtual lockdown by returning home in droves. Apart from labourers anxious to return home after over a month of rough, jobless existence, businesses are also being squeezed by problems of logistics and transportation and financial hardships owing to the lockdown. Industry leaders said April-June quarter would be a washout even for the high and mighty but would be catastrophic for SMEs. Read more