SATISH HANDA
In most of the states mainly Maharashtra and Gujarat having maximum share of industries in the country, most of the migrant labourers from other states has started leaving for their native places fearing from Carona disease as well as suspecting complete lockdown likely to be announced any time by the governments in these states. Information reveals, all trains on routes to U.P, Bihar and M.P are seen over crowded with the passengers at the railway station. During first wave of epidemic outbreak, industry in the country had suffered heavy set back there after when situation improved industry started getting good orders from domestic as well as export markets but with the second much severe wave of epidemic outbreak in the country at present the situation have turned grave adversely affecting industry in the country as well as Gross Domestic Product (GDP)
GDP means is the final value of the goods and services produced within the geographic boundaries of a country. It can also be defined as the total monetary or market value of all finished goods and services produced within a country in a specified time. With the present crisis industry in the country expected to provide 19.5% GDP in the first quarter of current year is likely to be worst affected once again due to shortage of labour and suspected shortage of basis raw material. Information reveals, the states of Maharashtra and Gujarat providing nearly 30% share in country’s GDP.
While having a look at GDP structure in past couple of years it was identified that few prominent states are contributing share as 13.88% by Maharashtra state, 7.92% by Gujarat state, 4.27% by Madhya Pradesh state, 4.08% by Delhi state, 3.32% by Haryana state, 2.77% by Punajb state and 1.60% by Chhattisgarh state. According to CMIE Report, situation turning grim for industry in the state of Maharashtra and Gujarat where migrant labourers has started leaving for their native states finding fear from Carona disease spreading fast in these states as a result night curfew has been imposed by the government and the workers suspect complete lockdown declared against any time making them jobless and leave adverse effect on industry and real estate business due to shortage of labour.
