Telanganaalong with West Bengal and Assam bore the brunt during the second wave of Covid-19 by registering negative values on the economic activity index (EAI).
Stating this in its latest EAI report, the Reserve Bank Of India which released such a report for the first time said had only 11 months of positive EAI values between March 2020 and February 2022, while the remaining months reported negative (restrictive) values.
The negative value of EAI was the highest for Telangana in April 2020, which stood at 2.12, among all the states in the country. During the second wave beginning from February 2021, the negative values stood at 0.18 and in May last year, the state recorded a negative value of 0.25.
While the EAI values improved after the first wave receded, the economic activity took a hit with the arrival of the second wave, the report said.