Measures for a swift economic recovery

10 Apr 2020

India is under lockdown, and economic activity, other than the supply of essential goods and services, is suspended. Most of those in the urban economy who are either casual labourers or are self-employed are now without income. Direct cash transfer of Rs 500 to women and free food grains are being given to mitigate distress and hunger. There is a growing consensus that this support needs to be enhanced as the poor need to buy other essentials other than foodgrain, too. As the economy is shrinking, there is a need to think of ways to get a V-shaped economic recovery in the post-lockdown period.

Economic development
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