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Trade Will Have To Continue As No Country Is Self-Sufficient: Subhash Garg
(11:06, 29 May 2020)

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Mr-Subhash-Chandra-Garg,-Former-Secretary-(Economic-Affairs)-said-that-no-country-is-self-sufficient,-and-trade-will-have-to-continue.-He-added-that-there-is-a-need-to-look-at-the-efficiency-of-global-value-chain-and-reducing-the-cost-of-production.-Addressing-FICCI-KAS-webinar-on-'Geo-political-&-Economic-Impact-of-Covid-19:-Emerging-Challenges-&-Opportunities-and-Way-Forward-for-India',-Mr-Garg-said-that-the-impact-of-COVID-19-will-be-temporary.-However,-the-pandemic-has-impacted-workers,-businesses,-and-governments-severely-and-in-such-a-situation,-the-government-needs-to-address-the-issues.--Mr-Garg-said-that-Indian-economy-has-suffered-heavy-losses-due-to-the-pandemic.-The-government-should-consider-unlocking-the-lockdown-by-the-end-of-June-to-relatively-lower-economic-losses,-he-added.-

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Mr-Subhash-Chandra-Garg,-Former-Secretary-(Economic-Affairs)-said-that-no-country-is-self-sufficient,-and-trade-will-have-to-continue.-He-added-that-there-is-a-need-to-look-at-the-efficiency-of-global-value-chain-and-reducing-the-cost-of-production.-Addressing-FICCI-KAS-webinar-on-'Geo-political-&-Economic-Impact-of-Covid-19:-Emerging-Challenges-&-Opportunities-and-Way-Forward-for-India',-Mr-Garg-said-that-the-impact-of-COVID-19-will-be-temporary.-However,-the-pandemic-has-impacted-workers,-businesses,-and-governments-severely-and-in-such-a-situation,-the-government-needs-to-address-the-issues.--Mr-Garg-said-that-Indian-economy-has-suffered-heavy-losses-due-to-the-pandemic.-The-government-should-consider-unlocking-the-lockdown-by-the-end-of-June-to-relatively-lower-economic-losses,-he-added.-

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