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Great social divide: A new normal post Covid-19

Economic and social activities will come out from slumber in the coming weeks

economy
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economy

Asish K Bhattacharyya
Covid-19 has shaken the world — India is devastated as other countries. On May 12, Prime Minister Narendra Modi addressed the nation. He declared that would usher into the fourth phase of the lockdown with new rules effective from May 18. We may expect significant relaxations in the rules, as the PM announced “we have to save lives and move forward at the same time”. The new rules will be in place before this piece is published. The PM also announced an economic package of Rs 20 trillion (10 per cent of GDP).

No one knows when the crisis will be
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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