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Opinion | The unpleasant arithmetic behind India’s relief package

India quarantine Government shock infection
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A close look at India’s financial relief package raises questions over the true size of the stimulus and the potential effectiveness of the measures announced by the government The apocalyptical drop in April’s Purchasing Managers’ Index and the staggering 16.5% drop in March industrial production when only one week was under lockdown should be ominous indicators of the unprecedented scale of economic damage India might face.

Quarantine measures are being eased, but the lockdown in the “red zones", which account for a large part of India’s gross domestic product (GDP), could well be extended as the covid infection rate has shown no discernible sign of peaking.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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