The consequences of the Covid-19-induced lockdown are making themselves felt in dire predictions and an expanded government borrowing programme. Opinion page writers examine the implications of these issues. Kanika Datta sums up the views.
The enthusiastic response to the prime minister’s call for a national lockdown has given way to a sombre mood as India counts the economic costs. The wait for a proactive government response should not turn into Samuel Beckett’s Vladimir and Estragon waiting for Godot, who never shows up, says Shreekant Sambrani. Read it here
There are good reasons to believe that economic growth will