Best of BS Opinion: Unemployment rate at 24%, Covid-19 impact, and more

Interpretations vary, but all concur it’s a prolonged haul. Uddalok Bhattacharya sums up the sights.

Who will bear the stress of falling GDP, asks Nitin Desai. Judging by the impact of the lockdown, a significant part of the stress will drop on wage earners, specially everyday wagers and migrant labourers Read below

It undoubtedly was not a stimulus deal as is normally comprehended, nor did it incorporate up to Rs 20 trillion as expenditure to the exchequer, states Shreekant Sambrani Read below

The unemployment price remained stable at 24 for every cent in the course of the week ended May perhaps 17, states Mahesh Vyas.

The government’s obvious resistance to spurring desire by means of direct unilateral transfer to households and the extension of the lockdown suggest the overall economy would acquire a prolonged time to get well Read below

Doorstep shipping is the biggest option thrown open by the coronavirus disaster. Inevitably, new leaders will emerge in this landscape, states Shailesh Dobhal Read below

Quotation

The penance completed by Delhiites in the past 1 and a 50 percent months will not go squander

Delhi Chief Minister Arvind Kejriwal