Business Standard

The price of the lockdown

Does the lockdown imply different trade-off between health and wealth for the haves and have nots?

Image
Premium

Anand SrinivasanApoorva Javadekar
The lockdown imposed by the Indian government is set to end May 17. At the same time, there is a chorus in several public fora on a trade-off between public health and economic health. There are accusations that the lockdown disproportionately benefits the rich and the middle class due to the lower disease spread but condemns the poor to a Hobson’s choice of death by starvation versus death by Covid-19. Thus, the lockdown increases wealth inequality between the haves and have nots, in addition to the inherent health inequality of the rich and the poor. If so, we should have
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in