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Opinion | How the economy could roar to life after the lockdown is lifted
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India has a good post-crisis opportunity to secure long-term growth if the Centre refocuses policy In less than a week, India will be looking forward to emerging from the lockdown that covid-19 forced upon it.
Having persuaded a country of over 1.3 billion people to lock themselves indoors, with admirable success, the government now has to do an about-face.
It has to cajole and encourage millions of Indians to cross the Lakshman rekha (do-not-cross line) so that millions of others can continue to stay safely and sustainably indoors.
For that, I would suggest the following: First, the government should announce a package to provide cash to businesses without many restrictive eligibility criteria—soft loans with a repayment schedule starting
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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