16 MAY,2021 | MEDC
Many of the criticisms of the government’s handling of the evolving Covid situation are based on hindsight. Of course, this is not to minimize the underlying tragedy – both humanitarian and economic – that is unfolding. If the second wave can be contained without a lockdown, the main risk to the economy will not be Covid, but the US Fed tinkering with interest rates and the consequently unpredictableflow of capital. On the humanitarian front, the Centre should assist individual states in sharing their best practices on managing Covid. The second wave is now receding in some areas that were previously worst hit, but thereapparently still isn’t enough of a collaborative environment generated between state-level administrators. Of all waves of the pandemic, the second is supposed to be the deadliest (it already accounts for 40% of the total Covid fatalities in the country). Under the circumstances, the Union government must take the lead in ensuring that all stakeholders come together amiably.
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