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Lockdown draconian, economy decimated: Rajiv Bajaj tells Rahul Gandhi

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NEW DELHI: Rajiv Bajaj, managing director of Bajaj Auto Limited, on Thursday called the nearly two-month long national lockdown “draconian" and said the economy had been decimated because of its fallout.

In an online conversation with former Congress president Rahul Gandhi, Bajaj said, “You have definitely decimated the economy.

You flattened the wrong curve. It is not the infection curve, it is the GDP curve. This is what we have ended with, the worst of both worlds.

In my view, what should have been done is something more right of centre," he said in the conversation streamed today. Bajaj’s comments come in the backdrop of the sentiment in the industry that the stimulus measures should have been more direct rather than through the

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The economy is recovering, says President during meeting with professionals
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