Lives and livelihoods: On economy after lockdown

Lives and livelihoods: On economy after lockdown.

The government remains in the process of using its mind on whether it must extend or raise in phases the 21- day lockdown that ends next week. The option for Prime Minister Narendra Modi now, as when he decided to enforce the lockdown on March 24, is the very same– in between saving lives and ensuring livelihoods. He appropriately fortunate the previous over the latter then. As India nears the end of the lockdown duration, the major damage to the economy and incomes is beginning to make itself obvious. There is remarkable pressure from industry bodies to opt for a nuanced policy that will assist financial activity to reboot as they fear a collapse if activity is stopped for another fortnight. Lives could