Rajiv Bajaj terms lockdown draconian, says it flattened the wrong curve

He says the lockdown has been "bittersweet", but more bitter than sweet if one looks at what is happening to businesses and to the people at large

The nationwide lockdown has “flattened the wrong curve’’, Rajiv Bajaj, the outspoken managing director of Bajaj Auto, said on Thursday in a widely watched social media conversation with Congress leader Rahul Gandhi. In April, Gandhi had posed questions to former RBI governor Raghuram Rajan in a similar interaction.    

In a tongue-in-cheek reply, Bajaj told Gandhi that the lockdown had flattened the GDP (gross domestic product) curve instead of meeting the objective of flattening the infection curve. The country needs a “mood elevator” by putting more money into people’s pockets to spur demand, according to Bajaj.

With fears about Covid-19 infection running