Need economic package and open industry in staggered manner, says CII

The Confederation of Indian Industry (CII) on Sunday demanded that the Centre announce an economic package and give adequate notice before lifting the lockdown. It also lent support to the growing calls of a calibrated and safe exit from the lockdown.

The CII has argued in favour of the government providing direct rations to affected populace rather than cash, therefore negating the impact of inflation, if any, on the population and also ensuring that the money is indeed spent on food and basic provisions. In addition, this needs to be combined with provision of shelter and meals for the people, who