Covid Presents An Opportunity For India
The Hindu Business Line|April 29, 2020
India must attract investors exiting China post-Covid. Streamlining of project clearances and relaxation in FRBM norms will help
Anil Swarup
Covid Presents An Opportunity For India

The government deserves to be complimented for efficiently managing so far the fallout of the dreaded Covid-19 outbreak, that is devastating many countries in the world. The clamping of the lockdown was timely, as were the announcements of steps by the Reserve Bank of India to facilitate increased lending by the financial institutions. It is difficult to predict the likely impact of this virus on the economy as a whole, though there are estimates being made by a number of experts. There is absolutely no doubt that world over, GDPs will be adversely impacted, and India too will suffer. The issue now is of limiting the damage and making use of the few opportunities that may come our way.

The world will certainly undergo a change, but it is difficult to predict what will finally emerge. As of now the end to this scourge does not appear to be in sight, but one day it will. The key question is, are we preparing ourselves when the world does come out of the crisis?

Yes, there is bound to be greater focus on healthcare. It has been long overdue in India. It is a wake-up call. The biggest sufferers of the lockdown have been the poor unorganised workers, most of whom are daily-wage earners. There were horrid stories about those who attempted to migrate back to their villages to be with their families. The country will have to think seriously in terms of social security for such workers, another long over-due intervention.

Investment opportunity

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE HINDU BUSINESS LINEView all
Covid Presents An Opportunity For India
The Hindu Business Line

Covid Presents An Opportunity For India

India must attract investors exiting China post-Covid. Streamlining of project clearances and relaxation in FRBM norms will help

time-read
4 mins  |
April 29, 2020
Did Alternative Assets Shield You From Covid-19 Volatility?
The Hindu Business Line

Did Alternative Assets Shield You From Covid-19 Volatility?

The assets closely linked to stock and debt markets could not stave off the losses

time-read
4 mins  |
April 29, 2020
How To Put Aircraft To Bed
The Hindu Business Line

How To Put Aircraft To Bed

Preserving grounded planes, to get them up and flying at short notice, is a challenging task. Ashwini Phadnis captures the process

time-read
5 mins  |
April 29, 2020
There Can Be No Going Back On WFH
The Hindu Business Line

There Can Be No Going Back On WFH

Covid-19 has fast-forwarded the shift to ‘work from home’. However, some face-to-face connect will always be needed

time-read
5 mins  |
April 29, 2020
UN, WHO Urged To Ensure ‘Benefit Sharing' Of Covid-Related Data
The Hindu Business Line

UN, WHO Urged To Ensure ‘Benefit Sharing' Of Covid-Related Data

Biopharma firms should reach vaccines, medicines to poor nations at an affordable price, say civil society bodies

time-read
2 mins  |
April 29, 2020
With No Clear Signal From Rlys, States Explore Ways To Bring Back Migrants
The Hindu Business Line

With No Clear Signal From Rlys, States Explore Ways To Bring Back Migrants

Quarantine centres, cross-country buses being arranged even as migrants hop on to boats, trucks and ambulances

time-read
2 mins  |
April 28, 2020
Centre Allows All Neighbourhood Shops To Open But With Riders
The Hindu Business Line

Centre Allows All Neighbourhood Shops To Open But With Riders

Final call will be taken by local authorities; shopping complexes that draw fewer ‘outsiders’ are permitted to operate

time-read
2 mins  |
April 28, 2020
Covid Impact Relatively Muted In India
The Hindu Business Line

Covid Impact Relatively Muted In India

Compared to Italy and the US, India’s rate of infection spread has been slow. This can be attributed to the strict measures in place

time-read
4 mins  |
April 28, 2020
How Global Trade Will Fare Post-Covid
The Hindu Business Line

How Global Trade Will Fare Post-Covid

China isn’t likely to lose its pre-eminent position soon. India, for one, will need to make manufacturing globally competitive

time-read
4 mins  |
April 28, 2020
How To Curb Harassment In The Virtual Office
The Hindu Business Line

How To Curb Harassment In The Virtual Office

Training and sensitisation are essential. Institute a strict dress code and chat etiquette to ensure professionalism during video calls

time-read
3 mins  |
April 28, 2020