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Around Rs 65,000 crores will be needed to help the poor in India hit hard by the nationwide coronavirus lockdown, renowned economist Raghuram Rajan told Rahul Gandhi in a video interaction released by the Congress.
The former RBI governor said extension of lockdown would diminish the government's credibility. Rajan and Gandhi were in a close to 30-minute conversation with Gandhi that was posted on micro blogging website twitter.
The government has allowed lifting of the lockdown from 4 May, and on Wednesday, issued guidelines to states. On the issue of migrant workers, he said the government needed to provide them money and food for the next three to four months.
A conversation with Dr Raghuram Rajan, former RBI Governor, on dealing with the #Covid19 crisis. https://t.co/cdJtJ7ax0T
— Rahul Gandhi (@RahulGandhi) April 30, 2020
