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 | From the Editor's Desk
Amartya Sen, Raghuram Rajan, Abhijit Banerjee write: A long haul, spend wisely, but don't skimp on the truly needy As it becomes clear that the lockdown will go on for quite a while, in a total or a more localized version, the biggest worry right now, by far, is that a huge number of people will be pushed into dire poverty or even starvation by the combination of the loss of their livelihoods and interruptions in the standard delivery mechanisms. That is a tragedy in itself and, moreover, opens up the risk that we see large-scale defiance of lockdown orders - starving people, after all, have little to lose. We need to do what it takes to reassure people that the society does care and that their minimum well-being should be secure.
We have the resources to do this; the stocks of food at the Food Corporation of India stood at 77 million tons in March 2020 - higher than ever at that time of the year, and more than three times the "buffer stock norms". This is likely to grow over the next weeks as the Rabi crop comes in.
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