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Tuesday, June 9, 2020

The wrong playbook to pick in a pandemic

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THE ECONOMIC TIMESDaily Newsletter
Tue, Jun 09, 2020 | 05:12 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
How an 82-yr-old brand survived world's biggest lockdown How an 82-yr-old brand survived world's biggest lockdown
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The wrong playbook to pick in a pandemic
Corporate India is afraid of the IT guy
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RBI plans to tweak norms for loan sales
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Eight steps to revive the Indian economy
Debate This
Will economic patriotism lead to India's undoing?
The government seems to have decided that the best way to salvage the sinking ship is to look inwards. There are calls within the government for the boycott of global products, especially Chinese. But is it possible to shut the world out without first strengthening our own supply chains? India doesn't yet have the concrete channels needed to substitute imported products with home-grown ones. So, there are chances that taking 'vocal for local' too seriously might just backfire on the country of 1.3 billion.

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