In view of the challenges posed by the coronavirus, former Governor of the Reserve Bank and economist Raghuram Rajan said that the country is in the biggest post-financial emergency phase. He said that the government should seek the help of experts including opposition parties to get out of it. Rajan made this comment in a blog post titled 'India's Greatest Challenge in recent times'.
He said, "This is probably the biggest emergency since independence. During the global financial crisis of 2008-09 there was a huge drop in demand, but then our workers were going to work, our companies were strong due to the solid growth of the years, our financial system was in a better position and the financial resources of the government was good. Were in the position. At the moment we are battling the Corona pandemic, none of this is right. "
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