Podcast: Roshan Kishore on India’s flagging economy, the impacts of the lockdown, and the government’s policy response
Two weeks ago, the Modi government announced a series of economic measures intended to get the Indian economy back on track after the country’s prolonged lockdown in the wake of the COVID-19 crisis.
Over five days, the Finance Minister addressed a series of daily press conferences in which she outlined the government’s plan of action to assist the country’s poorest citizens, reform the country’s regulatory framework, and stimulate new investment.
To break down the meaning of these latest moves, Roshan Kishore, Data and Political Economy editor at the Hindustan Times, joins Milan Vaishnav (Director of the South Asia programme at the Carnegie Endowment for International Peace) this week on the show. The two discuss India’s long-term economic downturn, the immediate impacts of the nationwide lockdown, the Modi government’s economic relief package, and the state of the political opposition.