Gulf News

THE ECONOMIC CURVE

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Although Indian airspace remains closed to commercial airlines from abroad, India’s economy has largely reopened. Consumer activity has rebounded to pre-pandemic levels, government data showed, and factory workers who fled cities when India imposed its lockdown March 24 have begun to return, enticed, in some cases, by employers offering free room and board.

Prime Minister Narendra Modi has used the health crisis along with a military standoff with China over a disputed border region to rally the country around the idea of a “self-reliant India” whose home-grown industries will emerge stronger. Approval ratings that US pollster Morning Consult estimate at 82 per cent suggest many Indians are with him, even after the hasty lockdown triggered a humanitari­an crisis, with thousands of migrant workers fleeing on foot toward their natal villages, and as two top government scientists on the front lines of the coronaviru­s fight stepping down in recent weeks. With the coronaviru­s nowhere near abating in India, how Modi will fare as the toll of infections and deaths continues to rise is still unclear.

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