It’s no secret to anyone that economic growth will be very weak this year. The challenge will not just be to stage a quick recovery but also to seize new growth opportunities that have opened up due to the crisis.
And for that, one may need to reflect on the footprints that Covid-19 leaves behind. What will the threats and opportunities be? How can India prepare?
The Covid-19 experience may unleash a wave of home bias around the world. A push to produce more domestically and develop new national champions could come back in vogue. This could shorten global supply chains
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