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Ecovid-19 the Economy and the Virus

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Ecovid-19 the Economy and the Virus SPECIAL DIGITAL ISSUE www.outlookindia.com April 6, 2020 Rs 60 eCOVID-19 The Economy and The Virus RNI NO. 7044/1961 MANAGING EDITOR, OUTLOOK ‹ N A V I G A T O R › EDITOR-IN-CHIEF Ruben Banerjee MANAGING EDITOR Sunil Menon FROM EXECUTIVE EDITOR Satish Padmanabhan FOREIGN EDITOR Pranay Sharma THE POLITICAL EDITOR Bhavna Vij-Aurora SENIOR EDITOR Giridhar Jha (Mumbai) CHIEF ART DIRECTOR Deepak Sharma EDITOR WRITERS Lola Nayar, Qaiser Mohammad Ali (Senior Associate Editors), G.C. Shekhar (Associate Editor), Jeevan Prakash Sharma (Senior Assistant Editor), Ajay Sukumaran, Puneet Nicholas Yadav, Jyotika Sood, Lachmi Deb Roy (Assistant Editors), Naseer Ganai (Senior Special Correspondent), Preetha Nair (Special Correspondent), Salik Ahmad (Senior Correspondent) COPY DESK Rituparna Kakoty (Senior Associate Editor), Anupam Bordoloi, Saikat Niyogi, Satyadeep (Associate Editors), Syed Saad Ahmed (Assistant Editor) PHOTOGRAPHERS S. Rakshit (Chief Photo Coordinator), Jitender Gupta (Photo Editor), Tribhuvan Tiwari (Deputy Photo Editor), Sandipan Chatterjee, Apoorva Salkade (Sr Photographers), Suresh Kumar Pandey (Staff Photographer) J.S. Adhikari (Sr Photo Researcher), RUBEN BANERJEE U. Suresh Kumar (Digital Library) Digitally Yours EDITOR IN CHIEF DESIGN Saji C.S. (Chief Designer), Leela (Senior Designer), Devi Prasad, Padam Gupta (Sr DTP Operators) the near-collapse of our daily routine. Printing a magazine DIGITAL Neha Mahajan (Associate Editor), Soumitra Mishra (Digital Consultant), when movements are severely restricted poses immense Jayanta Oinam (Assistant Editor), challenges. Even if we print, distribution of copies at a time Mirza Arif Beg (Special Correspondent), Neelav Chakravarti (Senior when flight and train services have been halted, and sever- Correspondent), Charupadma Pati (Trainee EAR is in the air and I am Journalist), Suraj Wadhwa (Chief not entirely exempt from it. al states have ordered border closures, would be a veritable Graphic Designer), nightmare. Though all of us are currently under stress, it Editorial Manager & Chief Librarian Alka Gupta Ever since the COVID-19 still makes sense to think rationally. And this decision of BUSINESS OFFICE pandemic began wreaking CHIEF EXECUTIVE OFFICER Indranil Roy COVER STORY havoc, prompting our bus- ours, though a difficult one, has been made after much con- PUBLISHER Sandip Kumar Ghosh 20 How the biggest global issue after the Great SR VICE PRESIDENT Meenakshi Akash tling and normally boister- sideration. Among everything else, we don’t want our staff VICE PRESIDENTS Shrutika Dewan, Depression will impact the economy—and you to take unnecessary risks. At the same time, we do not wish Diwan Singh Bisht ous nation to slip into an SR GENERAL MANAGERS Kabir Khattar (Corp), to enhance your exposure to anything that has passed Debabani Tagore, Shailender Vohra CONCRETE MEASURES eerily quiet lockdown, I GENERAL MANAGERS Sasidharan Kollery, through several hands, increasing the risk of a possible Shashank Dixit The economy may catch the flu, but a recovery F have started displaying a contamination. CHIEF MANAGER Shekhar Kumar Pandey phobia—that of touching doorknobs. Be it MANAGERS Shekhar Suvarana, Sudha Sharma could be in sight for the real estate sector We are proud that the relationship that Outlook has had CIRCULATION & SUBSCRIPTION Anindya at home or office, I am rudely kicking open Banerjee, Gagan Kohli, G. Ramesh (South), BANKING ON HOPE doors, adhering to a hands-off policy. with its subscribers and readers have been long and Vinod Kumar (North), Arun Kumar Jha (East) time-tested. And no matter how trying the times are, I DIGITAL Amit Mishra Despite the multiple crises, the banking sector That I am using my legs is good. Des- assure you that our bond will continue to be as strong and HEAD OFFICE is getting by perate times need desperate measures, AB-10, S.J. Enclave, New Delhi - 110 029 we will continue to inform, engage and converse with you Tel: 011-71280400; Fax: 26191420 and this certainly is one time when we Customer care helpline: 011-71280433, need frantic steps to save ourselves from in the digital space at www.outlookindia.com. Also, no 71280462, 71280307 matter the disruptions, my colleagues and I will do our e-mail: [email protected] 4 LETTERS the rampaging novel coronavirus. That For editorial queries: [email protected] 10 | COMMA, NOT FULL STOP we all are washing our hands with soap, very best to ensure your favourite magazine is available For subscription helpline: 7 POLIGLOT [email protected] Shaheen Bagh may have been evicted, but both furiously and intermittently, to me online, with all its cutting-edge news reports, incisive 44 BOOK REVIEWS OTHER OFFICES anti-CAA/NRC protestors vow to resurge has a larger meaning. For me, the current opinions and balanced analysis. MUMBAI Tel: 022-50990990 46 LA DOLCE VITA All these and more are for taking precautions and not to CALCUTTA Tel: 033 46004506; Fax: 033 46004506 emergency we are confronted with is no 16 | THORN IN THE KAMAL CHENNAI Tel: 42615224, 42615225; Fax: 42615095 48 DIARY time for mere handwringing. Notwith- panic. It is understandable that we might fret and fume a bit BANGALORE Tel: 080-43715021 Will MP CM Chouhan be able to balance old under the lockdown, but we must not ever allow ourselves to Printed and published by Indranil Roy on standing the inconvenience and disrup- behalf of Outlook Publishing (India) Pvt. Ltd. loyalists and new entrants? lose our cool. I am particularly distraught at reports that fel- Editor: Ruben Banerjee. Printed at Kalajyothi Cover Design: tions caused, we must continue to be pro- Process Pvt. Ltd. Sy.No.185, Sai Pruthvi Enclave, low citizens, particularly from the Northeast, are being tar- Kondapur – 500 084, R.R.Dist. Telangana and 18 | RECURRENCE OF THE RAREST Deepak Sharma active and do whatever it takes to win this published from AB-10, S.J. Enclave, geted at certain places. In this battle to protect mankind, all New Delhi-110 029 To stop rapes, our society needs an over- Photograph: war against the pandemic. At stake is whether we live or die and of us must prove once again what humanity is all about. Total no. of pages 48, Including Covers haul; death penalties merely offer closure. Tribhuvan Tiwari there certainly cannot be half-measures The task at hand is onerous, and it certainly will take in this battle. Never immune to surround- more than banging utensils. Our deeds must match the din ings or situations, we at Outlook have we raise to express our gratitude to those fighting the pan- been doing our bit to help the cause. We demic on the front line. To clap the loudest one day and to began by encouraging people to work ostracise the brave hearts the next in an attempt to drive Subscription Copy Not For Resale BIG BANKS—GOOD OR BAD?—see page 72 The firsT OuTlOOk MOney - POlicyBazaar insurance ranking pg 32 आउटलुक-आइसीएआरई इंडिया यूडिवडसटी रℂडकंग 2019 RAKHIGARHI RIDDLE WHAT DOES THE DNA TELL US? DELENG/2006/16808 RNI NO. INDIA’S NO.1 NEW DELHI: 011-71280433, 71280462, 71280307 them away from their homes over fears of contamination TRAVEL MAGAZINE â¿ ·¤æð â×çÂüÌ â×æ¿æÚU Âç˜æ·¤æ vw ¥»SÌ w®v~, ×êËØ 25 www.outlooktraveller.com INSURANCESPECIAL September 27, 2019 #50 SubScriber copy not for reSale SEPTEMBER 2019, ` 50 from home and not step out unless abso- www.outlookindia.com September 23, 2019 Rs 60 8 904150 8000412 0 Fax: 011-26191420 SUBSCRIBER COPY NOT FOR RESALE www.outlookhindi.com OUTLOOKMONEY.COM September 2019 • `100 is criminal. As human civilisation faces its stiffest chal- Decoding the secrets of INDIA'S BEST POINT AND SHARE OUTLOOK BUSINESS WORKPLACES lutely essential. But as the grim struggle FOR WOMEN MUMBAI: 022-50990990 Top Destinations | Outlook Business — Great Place to Work bring you the second Millennial Travel Travel Style FOR WOMEN INDIA'S BEST WORKPLACES annual listing of top workplaces for women —see page 41 lenge, we must show civility and courage in equal measure. Now, open Outlook magazine on Hot Tips Work from home options are great for women. Cool Gear Are Indian companies up to it? —see page 30 हवालात to worst the virus continues, we have now The insurance sector enacts strict laws to curb BANGALORE: 080-4 3715021/9 ; Fax: 080-45236105 the frauds menace | मᴂ हत्ा your smartphone instantly. DeepFake 2019 SEPTEMBER 27, पुडलस डिरासत और जेलⴂ मᴂ ब褼ते मौतⴂ के आंकड, Please stay calm and be safe. THE GREAT DEBATE SEEING पुडलस यातिा के डव셁द्ध DARK TOURISM कािूि वक्त की मांग is not | SOMEWHERE ELSE? T taken another important step: for the first SANYA BELIEVING 50 Point your phone’s scanner on the Fake news got more worrisome. REVERSE MORTGAGE LOANS There is now technology to morph videos and audio to make them real. CHENNAI: 044-42615224/25 AMRAPALI EFFECT RNI NO. 7044/1961 8 904150 800003 0 9 STEVE GUERDAT n RAGHU RAI n KENILWORTH n ISRAEL RNI NO. DELHIN/2009/26981; Total pages:84; KA/BGGPO/2504/06-08; POSTAL REGD NO. 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