Coronavirus Crisis, Lockdown Will Result In Unprecedented Economic Devastation: Jayati Ghosh

'The government recently announced Rs 1.7 lakh crore economic package to help the poor deal with the impact of coronavirus and a 21-day nationwide lockdown imposed to contain the spread of the disease. Experts think that the complete lockdown may deepen India’s economic slowdown. In an interview with Outlook’s Rajat Mishra, development economist, and professor at Jawaharlal Nehru University (JNU) Jayati Ghosh explains how the COVID-19 crisis will impact the Indian economy and what the government needs to do. Excerpts...'

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