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    View: India needs to create its unique model of development with efficiency, equity and resilience

    As such, industry leaders themselves like Azim Premji, have been voicing the need for convergence between the wages of, and social protection to, formal and informal workers.

    Synopsis

    Covid-19 has thrown up an unprecedented challenge for the global economy. But it has also opened a short window of opportunity to establish an economic philosophy grounded in India’s social and cultural context.

    By Gauri KumarCovid-19 has thrown up an unprecedented challenge for the global economy. But it has also opened a short window of opportunity to establish an economic philosophy grounded in India’s social and cultural context.India’s business environment calls for a fresh outlook to safeguard businesses, the economy and citizenry from traumatic disruptions such as the ongoing one. This will be collaborative, with new alignments and involving a
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    The Economic Times