New Delhi, May 19 -- Global securities research firm Sanford Bernstein termed the ~20 lakh crore economic revival package announced by the Modi government to cope with the coronavirus pandemic and the impact of the lockdown imposed to slow its spread as a "lost opportunity" echoing growing concern about whether it would help revive the economy.

"While the package started on important aspects but the need to announce measures that add up to this top down number, made the entire package aimless, with several generic announcements which should ideally, have been a part of a normal economic agenda...we see it as a lost opportunity," the May 17 report on Asia-Pacific Equity Strategy said.

India's desire to announce a large economic package, so...