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WorklifeIndia: How can coronavirus-hit India get back in business?

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How can coronavirus-hit India get back in business?

24/04/2020 GMT

BBC World Service - WorklifeIndia, How can coronavirus-hit India get back in business?

Are India’s coronavirus-hit businesses ready for a comeback?

How soon can recovery take place across different sectors, and what will it take to restore consumer confidence?

India has taken tentative steps to ease lockdown restrictions for some industrial and agricultural activities.

According to a recent study, the country is facing an economic loss of nearly 234 billion dollars due to the lockdown, which has now been in place for more than four weeks. The focus now is to restart the stalled economy and save jobs. Nearly 120 million people are presently unemployed.

The International Monetary Fund has estimated a sharp economic recovery for India in financial year 2022, at 7.4 per cent. But how soon can recovery take place across different sectors, and what will it take to restore consumer confidence?

In this edition of WorklifeIndia, we discuss whether India’s coronavirus-hit businesses are ready for a comeback.

Presenter: Devina Gupta

Contributors: Vikram Kirloskar, president, Confederation of Indian Industries; Radhika Khandelwal, chef and restaurateur; Upasana Taku, co-founder, MobiKwik

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