new delhi finance minister nirmala sitharaman on monday said she has taken inputs from various industry chambers on concerns of india inc with regard to the management of covid19 pandemic and the centre would continue to work with state governments to save lives and livelihoodshe sought feedback from businesses to deal with the impact of the second covid wave on the countrys economycoronavirus live updatesit is to be noted that the economy contracted by a whopping 239 per cent in the first quarter apriljune of the previous financial year due to the outbreak of the covid pandemicspoke on telephone with each of the following businesschamber leaders took their inputs on industryassociation related matters informed them that goi at various levels from pmoindia is responding to covid management working together with states for lives and livelihoods she said in a tweetthe finance minister had interactions with heads of industry chambers including cii president uday kotak uday shankar president ficci and vineet agarwal president assochamshe also spoke to many business leaders like tata steel managing director t v narendran lt chairman a m naik tcs managing director rajesh gopinathan maruti suzuki chairman r c bhargava tvs group chairman venu srinivasan and hero moto corp managing director pawan munjal to take their feedback on situation arising out of surging covid19 cases and local containmentslast week the finance minister made it clear that the government would not go for lockdowns in a big way and only resort to local containment to break the covid chaineven with the second wave we are very clear that we are not going in for lockdowns in a big way we dont want to totally arrest the economy the local level isolation of patients or households which have people in quarantines are the methods through which the crisis will be handled the second wave will be handled there shall not be lockdown sitharaman had saiddaily average covid cases across the country crossed 17 lakh on sunday indias total tally of covid cases crossed 150 crore with a record singleday rise of 273810 new coronavirus infections while the active cases surpassed the 19lakh mark according to the union health ministry data updated on monday