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Coronavirus pandemic shows need to shift India’s focus to poor, report says

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NEW DELHI : The vulnerability of the Indian economy exposed by Covid-19 emphasizes the need for an economic model that brings people at the bottom of the pyramid to the fore, according to a report released on Thursday.India needs to reorient its economic structure to make it much more people-centric and inclusive, think tanks the Council on Energy, Environment and Water, and the National Institute of Public Finance and Policy said in a report titled “Jobs, Growth and Sustainability: A New Social Contract for India’s Recovery."It recommended that India should build models where its economy is more resilient to climatic, health and humanitarian risks that “can have catastrophic consequences and choke the economy, imposing far greater costs.

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