I am genuinely scared on the economic bloodbath after the economy opens on the 3rd of May.

Because it won't open on the 3rd. Most of the workers are home. Machines are mothballed. Factories are shut. It will take at least 15 days just to restart the closed Industries

And another 15 days to get them to reach Peak production. That's another month gone.

And for demand to get back to where it was, it will take at least another 5.

I hope the PM and FM are clued into these realities and do something about it.

They can start off by waiving interests on working capital loans, overdrafts etc, for this Financial Quarter. And ask banks to repurpose their inventory financing loans, to give interest free bridge loans, for a tenure of six months to SMEs, so that owners can pay salaries.

They can also request manufacturing companies to put their receivables in abeyance for these two months, and then claim it in tax write offs, so that some SMEs are not put under debts.

Most industries, employ temporary workers and daily wagers.

Recognize the companies that pay them their salaries as a CSR activity. Because it is.

Abd finally as I said, start limited transportation by the 25th of this month. So that people start getting back. Else it will be chaos on 3rd of May.

We are doing well in our fight against the Virus. Let's now start thinking, how Do we get back on our feet and fast.

P:S: Declare a tax holiday for SMEs below a particular turnover threshold for this entire year. And reduce corporate tax rates by 30% for the rest. This Will help