India, May 26 -- Covid-19 has continued to rattle the lives and livelihoods of the population around the world. Countries implement different formats of lock downs- from complete curfew like lockdown to lock down with partial relaxation. The economic downturn due to pandemic has severely jolted the policy decision making capacity of the governments as such situation procreates a severe dynamic uncertainty for the agents of the economy.

In India, when lockdown was initially started in March, economic issues were almost forgotten as containment of covid-19 was the only agenda of the government. But it is almost unsustainable to not address the economic issues in a country like India as livelihood comes first before life. However, healthy wor...