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Lockdown extensions economically disastrous: Mahindra Group Chairman Mahindra

Lockdown extensions economically disastrous: Mahindra

TIL Desk/Business/New Delhi/ Mahindra Group Chairman Anand Mahindra on Monday said lockdown extensions are not just economically disastrous but also create another medical crisis. While acknowledging that choices are not easy for policy makers, he said a lockdown extension will not help.  “Lockdown extensions aren’t just economically disastrous, as I had tweeted earlier, but also create another medical crisis,” Mahindra said in a tweet.

He was referring to an article that highlighted “the dangerous psychological effects of lockdowns & the huge risk of neglecting non-COVID patients”. Mahindra, who had earlier proposed a comprehensive lifting after 49 days of lockdown, further said, “The choices aren’t easy for policy makers but a lockdown extension won’t help”.

He said, “The numbers (coronavirus cases) will continue to rise & the focus must be on rapid expansion of field hospital beds with oxygen lines”.  He further said, “The army has enormous expertise in this”. On March 22, before the government announced nationwide lockdown, Mahindra had proposed such a move expressing concerns over reports that India was likely to have already reached stage 3 of coronavirus transmission.

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