Covid-19 challenge: India works on 3-month plan, to stagger dole
The Centre has prepared a graded action plan with a three-week to three-month horizon to respond to the Covid-19 challenge, which includes staggering financial incentives so as to not exhaust options early in the fight. Those familiar with details of the plan told ET that the idea, which has been discussed at the highest levels, is to be “pre-emptive and early” on the health side, but be “timely and effective” with the fiscal interventions, depending on how the virus spreads in the coming three weeks “We have to calibrate our response and use of resources. We don’t want to be in a situation where the epidemic outlasts our ability to intervene,” a top government source told ET. At least 14 ministries have drawn up plans that are being assessed along with those of the states. “We need to stagger our response, just like the stages of the outbreak,” the person said. The government believes a clearer assessment on the extent of community transmission in India will be available in...