Lockdown has flattened GDP curve not COVID-19’s: Rajiv Bajaj to Rahul Gandhi

TIL Desk/National/New Delhi/ Rajiv Bajaj has said that the nationwide lockdown implemented to curb the spread of the Covid pandemic has decimated the economy “You flattened the wrong curve. It is not the infection curve, it is the GDP curve. This is what we have ended (up) with, the worst of both worlds.”

The Managing Director of Bajaj Auto was in a conversation with former Congress chief Rahul Gandhi that was broadcast on social media on Thursday. This is Gandhi’s fourth interaction with who’s who of the business world as he tries to build a case against the central government led by Narendra Modi.

Speaking about the unlocking and impact of lockdown on the economy and the disease, industrialist Rajiv Bajaj referred to Japan and Sweden, who did not close their business but tried to propagate cluster control method. In this system Social distancing was encouraged, but shops and restaurants stayed open. Some students continued to go to school and borders stayed open to European visitors. It helped the economy continue to grow in the first quarter, unlike many other nations, but later deaths multiplied.