India’s draconian lockdown, flattened GDP curve instead of COVID-19: Rajiv Bajaj

India’s draconian lockdown, flattened GDP curve instead of COVID-19: Rajiv Bajaj

Agency News

New Delhi, Jun 4 : Noted industrialist and Managing director of Bajaj Auto, Rajiv Bajaj on Thursday said that the country has implemented a draconian lockdown which has ended up decimating its economy and flattening the GDP curve instead of COVID19.

“Disruption… the way India has been locked down is a draconian lockdown. This kind of lockdown, I’m not hearing about from anywhere else”, Mr Bajaj said in a talk with former Congress president Rahul Gandhi as part of a series organised by the Congress party on India’s approach over tackling coronavirus and the lockdown-hit economy. “You have definitely decimated the economy. You flattened the wrong curve. It is not the infection curve, it is the GDP curve.

This is what we have ended up”, he added. Mr Bajaj also said that the country may take more time to overcome the crisis and added, “I think we have fallen very short of disclosing- facts, logic and the truth”. “This has then amplified and instilled such an enormous fear in people that people seem to think that the contagion is equal to a contagious cancer or something. And now to change the mind of people and bring them back on board, and make them comfortable with the thought of living with the virus, which seems to be the new narrative coming from the government now.

It is going to take a long time”, he added. The young industrialist further said that, “unfortunately, India not only looked west, it went to the wild west”. “We tried to implement a hard lockdown which was still porous. On one hand a porous lockdown makes sure that the virus will still exist and as you (Mr Gandhi) said, it is still waiting to hit you when you will unlock. So you have not solved that problem”, he added. Mr Gandhi said the economy slowed down before Coronavirus and unemployment was becoming a serious problem before the COVID-19. “Now Corona pushed it over the edge”, he added.

On a question by Mr Gandhi that how the industry will open up, Mr Bajaj responded that he is not “seeing that smooth, concerted, rhythmic movement towards unlocking”. “I think that the first problem is to get this fear out of the minds of the people, there has to be a very clear aligned narrative, I would say from the Prime Minister because, right or wrong, when he says something people seem to follow. I think he needs to stand up and say to everyone that this is how we are going to move forward”, Mr Bajaj added. (UNI)