Delays in ongoing projects are expected to range from three months to a year and half, depending upon the stage of the project and location. "Site labour will be a major issue, unless workers get back to routine work under Covid-19 guidelines and paid for the same, they will end up returning to their villages and shift to agriculture," said Hiranandani.
According to reports, 23 per cent of the migrant labour force is currently unemployed in the country. Taking a cue from the US, Hiranandani said during the depression in America, highways were constructed to employ men. He suggested the government should refocus through the National Investment and Infrastructure Fund to see that this model is taken up in India to address unemployment.
He also sought a 50 per cent cut in the GST rate for a period of six months for all the sectors to bring back the demand side of the economy to the marketplace.