కరోనా కల్లోలం ఎంత కాలం, ఎక్కడ పొరపాట్లు చేసాం, ఏం చేయాలి?|| How India Tackling The Current Problem?
The month-long coronavirus lockdown is likely to extract $225 billion (Rs 15,75,000 crore) from the Indian GDP. Perhaps a lot more, if pre- and post-lockdown decelerations are considered.
With the announcement of a three-week lockdown on 24 March, Prime Minister Narendra Modi has essentially lopped off a months’ production (nominally) from our GDP. It took India two years of back-breaking hard work to earn that growth. COVID-19 will wipe it out in months; to say nothing of the calamitous impact it will leave on India’s mostly unorganised and daily-wage dependent workforce.
Talking heads are divided in their opinions about the lockdown: some consider it a master-stroke, others a death knell. It is this author’s assertion that given the scale of the problem, and the sheer lack of resources at his command (both qualitative and quantitative), a total lockdown was probably the least bad choice. It was a choice between people losing their lives or their livelihood. Modi wisely chose the latter.
https://www.firstpost.com/health/coronavirus-outbreak-has-revealed-big-gaps-in-healthcare-law-enforcement-in-india-time-for-reforms-is-now-8199021.html
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కరోనా కల్లోలం ఎంత కాలం, ఎక్కడ పొరపాట్లు చేసాం, ఏం చేయాలి?|| How India Tackling The Current Problem? The month-long coronavirus lockdown is likely to extract $225 billion (Rs 15,75,000 crore) from the Indian GDP. Perhaps a lot more, if pre- and post-lockdown decelerations are considered. With the announcement of a three-week lockdown on 24 March, Prime Minister Narendra Modi has essentially lopped off a months’ production (nominally) from our GDP. It took India two years of back-breaking hard work to earn that growth. COVID-19 will wipe it out in months; to say nothing of the calamitous impact it will leave on India’s mostly unorganised and daily-wage dependent workforce. Talking heads are divided in their opinions about the lockdown: some consider it a master-stroke, others a death knell. It is this author’s assertion that given the scale of the problem, and the sheer lack of resources at his command (both qualitative and quantitative), a total lockdown was probably the least bad choice. It was a choice between people losing their lives or their livelihood. Modi wisely chose the latter. https://www.firstpost.com/health/coronavirus-outbreak-has-revealed-big-gaps-in-healthcare-law-enforcement-in-india-time-for-reforms-is-now-8199021.html
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