Ritika Mankar consults with Mumbai-based brokerage Ambit Capital as a thematic specialist and also serves as a director on CFA Society India's Board.
In March 2020, Indian policymakers decided to impose a stringent lockdown to fight COVID-19. The lockdown curtailed construction and restricted manufacturing activity, and e-commerce companies halted deliveries of nonessentials. This set off a powerful force: it drove 30 million blue-collar workers -- at a conservative estimate -- back from workless cities to the villages they came from.
