India extends coronavirus lockdown until May 3

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India extends coronavirus lockdown until May 3
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India extends coronavirus lockdown till May 3

Delhi Chief Minister Arvind Kejriwal tweeted about the decision on Saturday before any formal announcements were made from Modi's government.

Modi explained that the lockdown, as well as other social distancing measures, have benefited the country despite the economic costs incurred. India needs to curb the spread of the virus and take stricter measures to prevent new hot spots from emerging, the prime minister said, according to a CNBC translation of his remarks in Hindi.Many states, like West Bengal for example, announced extensions to the lockdown before Modi's speech.

The initial lockdown largely affected low-income households and daily wage earners, putting many of them out of work. To combat the sudden economic shock,Experts say India's economy, which was alreadybefore the coronavirus outbreak, is set to take a major hit from the lockdown.

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