Curbs that last beyond the monsoon could deal India’s economy a blow that might take the country years to recover from Prime Minister Narendra Modi announced a lockdown that began on the midnight of 24 March.
It was extended on 14 April till 3 May, and then again last Friday till 17 May, though in an attenuated form. However, many observers expect various restrictions to continue for longer than that.
The smart money would be on India being at least partially locked down through the summer, perhaps longer. At this point, one does have to ask the question: Is the lockdown a cure worse than the disease?
This question is by no means unique to India. Throughout the advanced nations of the West, and within sub-national jurisdictions in federal
Read more on livemint.com