Showing posts with label 20 lakh crore. Show all posts
Showing posts with label 20 lakh crore. Show all posts

Monday, May 18, 2020

Envisioning a Post Pandemic Nation

A recent article in the Guardian raises important questions about how governments across the globe re-imagine the post SARS-CoV2 Without a definitive treatment and hopes of vaccines still at least a year away, we need to acclimatize to the virus; lockdowns cannot span months together. The debilitating effects of shutting down the economy, especially in a country like India where there are crores of daily wage workers and an even higher number in the informal sector, is a glaring reason why we need to start thinking about how to "live with the virus".

While the article focuses on issues that seem to be endemic to the developed world, there are big parallels for India. With the 20 lakh crore economic package announcements underway by Union Finance Minister Nirmala Sitharaman, the parallels are thrust right in the spotlight.

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