In the wake of the coronavirus outbreak, the World Bank says, there is a real risk of a global recession. In India, the economic fallout of the pandemic is compounding the problems – rising unemployment, manufacturing slowdown, and consumption stagnation – brought about by falling growth in the last few years.But how exactly will this crisis impact India’s economic fortunes in the short run and in the long term? Is the country, particularly its government, even equipped to deal with what lies ahead?To address these questions and more, Bridge India, a public policy think tank based in London, organised a webinar. The participants were A Didar Singh, former secretary general of FICCI and advisor of Bridge India; Amarendra Khatua, former diplomat; Abhinandan Sekhri, co-founder of Newslaundry; Spriha Srivastava, executive editor of Business Insider; Atul Thakkar, an investment banker at Anand Rathi Securities.The webinar was part of Bridge India’s Covid-19 webinar series.At Newslaundry, we don’t take ads from governments or corporations. We are an ad-free platform and depend on subscriptions to fund our reports, media critique, interviews, podcasts. For we believe that when the public pays the public is served, when the advertiser pays the advertiser is served. Join the movement to keep news free and independent by subscribing to Newslaundry today.
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