ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

India's coronavirus lockdown spells disaster for struggling economy

Government can cut taxes and red tape to boost eventual return to growth

| India
An empty shopping mall in Gurugram, pictured on Mar. 19: lockdown will ruin the income of brick-and-mortar shops which are already suffering from online competition.   © Reuters

Even before the coronavirus outbreak in India and the government's imposition of the world's largest lockdown, affecting 1.3 billion people, the country's economy was struggling.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more