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Opinion | Modi casts social safety spread to mitigate Covid-19 pain for the most needy
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NEW DELHI: The union government on Thursday announced a staggering ₹1.7 trillion package to mitigate the brunt of the 21-day lockdown on 80 crore people.
It has in the process hit the right notes with the optics no doubt and at the same time prioritised its economic strategy to be one about protecting the most vulnerable.
By sheer scale it dwarfs the fiscal stimulus undertaken in the last big crisis - the 2008 global financial meltdown. More impressive is the rare alacrity with which the union government, headed by Prime Minister Narendra Modi, has moved to deliver the relief--without worrying about the attendant fiscal costs--to those at the bottom of the social pyramid which was already struggling from the fallout of a rapidly slowing
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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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