Covid-19 and the job crunch

Having realised that there is really no contradiction between "jaan" and "jahaan", states are gradually reopening their economies. But they are locking the stable doors after the horses have bolted

Topics
Coronavirus | Indian Economy | Lockdown

Yashwant Sinha & Vinay K Srivastava 

Yashwant Sinha & Vinay K Srivastava

The question of a trade-off be­tween saving lives and saving the economy is an irrelevant one. It is the government’s responsibility to ensure that we do both.

Unfortunately, this question was posed by the Prime Minister himself when he said that the government would concentrate on saving lives. “Jaan hai to jahaan hai,” he said. The truth dawned on him later when he said that we had to save both “jaan” and “jahaan”. In the meanwhile, because of the most rigorous lockdown in the world enforced from the midnight of March 24, the economy plunged ...

First Published: Thu, June 04 2020. 21:37 IST