We ended up with the worst of both worlds, says Rajiv Bajaj.
New Delhi:
A “draconian” lockdown to slow the spread of the coronavirus left the country in “the worst of both worlds” and failed to resolve the crisis, said industrialist Rajiv Bajaj in a video interaction with Congressman Rahul Gandhi.
“We tried to implement a hard lock that was still porous. So I think we ended up with the worst of both worlds. On the one hand, a porous lock guarantees that the virus will still exist and like you l “said, it is still waiting to hit you when you unlock. So you haven’t solved this problem,” said Bajaj, general manager of Bajaj Auto, during the online chat this morning.
“But you have definitely decimated the economy. You have flattened the wrong curve. This is not the infection curve, this is the GDP curve. This is what we ended up with, the worst of two worlds, “he said.
It is the latest in a series of interactions that Rahul Gandhi has had with economists, experts, industry and others since the country locked out in late March. He has already had conversations with Raghuram Rajan and Abhijit Banerjee.
Congressman shared, in response to a question from Mr. Bajaj, that someone told him that a lockup like this “makes people fear death” and that it is difficult to s ‘get rid of it.
“Whoever is going to invest in India will not invest because of your image, he will invest because of what you are and what you have … The first logic must therefore be to defend this economy,” said M Gandhi. said.
“If you have no more savings, there is nothing.”
