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Lot will depend on how India exits from lockdown, says Kaushik Basu

The basic issues at present are the concerns about the food chain, jobs and migrant workers, which have to be resolved immediately, Basu said

Kaushik Basu
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Kaushik Basu said if business remains halted, the food chain will be disrupted and there could be a famine

Press Trust of India Kolkata
India took the right call by announcing a prompt lockdown in March in the wake of the Covid-19 pandemic, but a lot will depend on how the country makes an exit from it as the landscape of the global economy will change by then, former chief economic advisor Kaushik Basu said on Wednesday.

The basic issues at present are the concerns about the food chain, jobs and migrant workers, which have to be resolved immediately, he said.

"The first move of a quick lockdown made by India was right. It was called for. Now, a lot will depend on how India exits