The economic impact of the
"The economic impact of the lockdown is likely to be very severe and unprecedented," he said adding such difficult times called for unconventional measures to ensure that the economy is revived and conventional economic "doctrines and dogmas will need to be set aside temporarily."
Under the circumstances, he said: "... I request that the Government of India, in addition to permitting the additional borrowing by State Governments, should provide an aggregate amount of at least Rs one lakh crore as a special grant to them to combat the COVID 19 virus and its aftermath."
Disclaimer: No Business Standard Journalist was involved in creation of this content