New Delhi needs to optimize expenditure, given its limited resources, and use the ingenuity ingrained in our people to find innovative solutions Many commentators, including us, have argued that supporting the Indian lockdown response to covid-19 requires a large increase in fiscal stimulus.
Central and state governments will need to incur huge expenditures for providing swift, digitally-enabled financial support to the unemployed, poor, daily-wage earners, migrant labor and non-salaried middle-class workers, who would otherwise be forced to step out of their houses.
However, it is increasingly clear that while a lockdown and massive fiscal support measures are emerging as the standard playbook for most countries, these options cannot be