With the economic damage from last year’s lockdown still fresh in the memory, there appears to be little appetite for a return to extreme measures to curb the ongoing outbreak. But given the very worrying virus trajectory and the greater strain that healthcare across India is coming under, there is every chance that local authorities feel they need to do much more. The current set of restrictions may therefore inadvertently end up being very damaging precisely because they are not strict enough.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services