Industrialist Rajiv Bajaj said on Thursday that India ended up flattening the wrong curve of GDP in its bid to stem the coronavirus outbreak.
In a conversation with Congress MP and leader Rahul Gandhi, Bajaj called the current lockdown draconian as the country got the worst of both worlds with the COVID-19 cases still persisting and the economic situation worsening.
He highlighted that the economy has been decimated due to its (lockdown) fallout.
"The virus is waiting to hit you, so you have not solved that problem, but you have decimated the economy. You have flattened the wrong curve - not the infection curve but the GDP curve. This is what we have ended up with, the worst of both worlds," Rajiv Bajaj said during the virtual interaction with Gandhi.
"India not only looked west, but went wild west. We stayed more towards the impervious side. We tried to implement a hard lockdown which was still porous. The virus, which is waiting to hit when you unlock,...We should have never been looking at the west, who are geographically and demographically different from us," he said.
Bajaj's conversation with Gandhi is part of a series where the former Congress President talks to experts on the impact of coronavirus outbreak on India.
Bajaj further argued that the virus count paced up rapidly as soon as the Centre eased the lockdown. Meanwhile, GDP tumbled in a manner rarely witnessed in the country, he added.
The industrialist also spoke at length about how negative sentiment around coronavirus has affected India. Talking about unlocking the economy, Bajaj underscored that it is not a smooth one and the fear around the virus is to be blamed.
Describing the opening up of the economy as a herculean task, he emphasised that Prime Minister Narendra Modi must communicate the message to citizens that things are under control to allay fears.
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