Rahul Gandhi & Raghuram Rajan On Covid-19

Table of Contents

Centre not successful in its first attempt: Raghuram Rajan
Extending lockdown suggests that government wasn’t successful in its first attempt, said former RBI governor Raghuram Rajan.
Further lockdowns can be devastating for economy: Raghuram Rajan
A second or third lockdown will be devastating for the Indian
“Our fiscal resources are restricted but, it is pivotal to reopen economic activities,” said Rajan.
Difficult to aim for 100% success in eliminating COVID-19: Raghuram Rajan
It is difficult to ensure 100 percent success in eliminating the novel coronavirus and register zero COVID-19 cases when we open up.
“Social distancing will be the key”
India’s testing rate is nowhere close to the US, which now has the highest number of coronavirus cases.
Our testing needs to go up.

Temporary Ration Card

At least 65,000 cr needed to help the poor during COVID-19 crisis: Raghuram Rajan
India needs Rs 65,000 crore to help the poor during the novel coronavirus crisis.
India can afford Rs 65,000 cr to save livelihood of poor: Raghuram Rajan
India’s Gross Domestic Product (GDP) at is Rs 200 lakh crore, so we can afford Rs 65,000 crore to save the livelihood of India’s poor.
Will there be a strategic benefit for India post-Covid- 19?
Rarely have positive effects on countries in general.
There are ways countries can take advantage of the situation. In this situation India can find opportunities for Its industry.
Centralization of power. The effectiveness of the Panchayati raj system in India?
Rahul Gandhi says, “It was effective once. We are moving towards more centralization of power and northern states are more bureaucratic or DM- based.
Need of the hour to create good quality jobs: Raghuram Rajan
Inequality
We need to create good quality jobs so that people do not depend on government jobs and the comfort that comes with it
Rather than distributing output, we need to distribute opportunity
Need to lift lockdown in measured way as India has no capacity to feed people for long: Raghuram Rajan
We need to be cleverer in lifting lockdown; need to open up in measured way as India does not have capacity to feed people for long.
“Social harmony is a public good; we cannot afford to have our houses divided in times when challenges are big,”