Opinion | How India's economy can gain from opportunities thrown up after covid5 min read 31 May 2020, 11:06 PM IST
A call for Atmanirbhar Bharat is just the right impetus for local manufacturing in a world overly dependent on China
It is time to move to a direct benefit transfer model instead of the appeasement tool of farm loan waivers
Given our population density and modest health infrastructure, the government had no option but to order a complete lockdown when coronavirus reached India’s shores. As the country stayed indoors, the economy was dealt a crushing blow. While both the central government and the Reserve Bank of India (RBI) have announced mega stimulus packages to revitalize the economy, we still don’t know how effective they will be. However, what we do know is that the world will not be the same post covid-19 and even on the economic front there will be a “new normal". Like every crisis, this will also create opportunities and open new horizons, which if leveraged can help strengthen our economy.