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Economy

Lockdown in the time of pandemic: a story of life versus growth

To control the coronavirus spread, the government is faced with a Hobson’s choice of extending the lockdown. This spells doom for the urban informal-sector workers and agricultural labourers. With job losses, zero savings, and a hand-to-mouth existence, the situation can be life-threatening for them. Can there be a possible solution?
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13 Apr 2020 5 Mins Read 4 comments
Migrant workers outside Delhi's Anand Vihar bus terminus wait for public transport to go back to their native states, on March 29, 2020 Getty Images
Migrant workers outside Delhi's Anand Vihar bus terminus wait for public transport to go back to their native states, on March 29, 2020
How does one measure the value of life? A life lost due to Covid-19 is no different than the one lost from hunger. Yet, the latter seldom makes a national headline. With coronavirus hogging the limelight, the government is faced with a Hobson’s choice of extending the lockdown. Many are proposing the Bhilwara model. As the virus spreads through
to the party fund. This has to be a political decision by the government but the benefits are both immediate and long term. (Nilanjan Banik is with Bennett University, Greater Noida, India; and Anurag Narayan Banerjee is with Durham Business School, Durham, United Kingdom. Comments can be sent to nilbanik@gmail.com. The views expressed are personal.)(Graphics by Mohammad Arshad)
How does one measure the value of life? A life lost due to Covid-19 is no different than the one lost from hunger. Yet, the latter seldom makes a national headline. With coronavirus hogging the limelight, the government is faced with a Hobson’s choice of extending the lockdown. Many are proposing the Bhilwara model. As the virus spreads through to the party fund. This has to be a political decision by the government but the benefits are both immediate and long term. (Nilanjan Banik is with Bennett University, Greater Noida, India; and Anurag Narayan Banerjee is with Durham Business School, Durham, United Kingdom. Comments can be sent to nilbanik@gmail.com. The views expressed are personal.)(Graphics by Mohammad Arshad)

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