Another round of lockdown will be devastating, says Raghuram Rajan

"India needs to be cleverer about reopening the economy," Rajan noted. If the country faces a surge of cases after the government lifts the restrictions then questions will arise on how successful the lockdown was, he said, which might push the country into another lockdown. This would then diminish credibility and confidence of the government.

from Economy-News-Economic Times https://ift.tt/2yUqfmM