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Answer:
When public health sneezes, the economy catches cold. Dire predictions for the post-COVID-19 global economy have come from the International Monetary Fund, which called the present crisis the worst downturn since the Great Depression. Grim forebodings for the Indian economy have been sounded by many distinguished economists and the Governor of the Reserve Bank of India.
Will this lead to higher investment in health to protect the economy from the effects of endangered health? The ₹20-lakh-crore package recently announced includes proposals to prevent and respond to future pandemics. These include strengthening of health and wellness centres, establishment of infectious diseases hospital blocks in all districts, expansion of the laboratory network and ‘One Health’ research on zoonotic diseases under the Indian Council of Medical Research (ICMR). This is a limited response to the threat of infectious outbreaks.
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