The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+

    21-day lockdown: Mahindra suggests plan to help less-privileged families, and Biocon, Paytm founder call it 'best decision'

    Synopsis

    India Inc saw this step in a different and more positive light.

    (L-R) Kiran Mazumdar-Shaw, Anand Mahindra and Vijay Shekhar Sharma lauded PM Modi's decision to lockdown India for 21 days.
    NEW DELHI: Social distancing has become a keyword in India after Prime Minister Narendra Modi announced a nation-wide lockdown for 21 days on Tuesday evening in the wake of the coronavirus outbreak.

    Right after PM Modi's speech, the announcement triggered panic-buying among the people of the country. However, India Inc saw this step in a different and more positive light.

    The top honchos added logic, plans and a bit of humour to the situation, and called it the 'best move'.

    Calling the lockdown 'necessary', Mahindra Group Chairman Anand Mahindra took to Twitter to express concerns about its devastating effects on the homeless, daily wage earners and contract workers. He then suggested a plan to make their lives easier. He proposed that people can arrange daily rations and essentials of at least three less-privileged families to help them get through this time better.


    Marico Chairman Harsh Mariwala looked at the logical side of this situation. He said that 'it takes 21 days to form a new habit' and our time starts now.


    Further, breaking up the lockdown period, he wrote, "of these 21 days, 6 are weekends and 5 are bank holidays. Effectively, it's 21-11 = 10 less days of work." He requested people to just stay home, and the authorities will win the war against this pandemic in those 10 days.


    Vijay Shekhar Sharma, Founder of Paytm, call PM Modi's move 'extraordinary' and the 'best decision for India'. He has currently changed his name on the microblogging site to 'Stay Home, Stay Safe'.


    Former Google India head and Sequoia Capital India MD, Rajan Anandan, said that this is the worst global health crisis in over 100 years. Thanking PM Modi for the lockdown, he said that the next three weeks are the most-critical weeks in India since Independence.


    Kunal Shah, Founder of Freecharge and CRED, said he still couldn't believe this was happening. "A virus which is billion times smaller than a human being has billions of humans locked up in fear," he wrote.

    Calling the silence addictive, he posed a question if it would be fair to permanently ban honking now.



    OYO Rooms founder Ritesh Agarwal said that the '21-day lockdown is the right decision in the interest of greater good'.


    In a social media post, Kiran Mazumdar-Shaw, Chairman and Managing Director of Biocon, called it the 'best move', and urged people to be disciplined and co-operate with the authorities. She also stressed on the need for police to enforce the curfew through awareness creation, and show empathy instead of being high-handed.


    "Please sensitise police constables. It would be good if all those who are performing essential services are issued police stamped letters from respective organisations," she pointed out.

    According to a PTI report, the biotech entrepreneur, on Wednesday, said the 21-day nation-wide lockdown is needed from the scientific point of view to collect required testing data to fully understand the severity of the disease. "The government has done the right thing. Scientifically, you need those three weeks," she added.

    One has to step up testing as much more data is needed to know the extent of the affected population, those recovering and recovered and the severity of the disease, Mazumdar-Shaw said. She also mentioned that the present period needs to be used to step up testing to collect data.

    Vishal Gondal, CEO of GOQii, said that people will remember this decision in the history books as the one which changed the world. "PM Modi, you have not locked 1.3 people in their homes, you have locked coronavirus from entering India," his post read.


    The War Against Coronavirus: Pichai, Jack Ma, Ambani & Other Top Bosses Show The Way

    Autoplay
    1 of 21

    Ma’s The Word

    Chinese billionaire Jack Ma (C) showed his benevolent side as he pitched in to help the world fight the novel coronavirus. The founder of e-commerce major, Alibaba, Ma became the most talked about business figure after he said that he would marshall all available resources at his disposal to take on Covid-19. From donating emergency supplies (1.8M masks, 210K test kits, 36K protective suits, plus ventilators & thermometers) to Afghanistan, Bangladesh, Cambodia, Nepal, Pakistan & Sri Lanka in Asia to donating 20,000 test kits, 100,000 masks and 1,000 medical use protective suits in each of the 54 African countries, the 55-year-old proved that he was a good Samaritan whose charity was not mapped by geographical boundaries.



    And even as the business magnate didn’t have India in his list of beneficiaries, there was much talk in the country about his act of generosity. And what followed were natural questions: who among India’s rich was doing a Jack Ma?



    And it’s not just one individual, but a bunch of lion-hearted boardroom tycoons who have taken the pledge to help fight the virus that has thrown life off-track, in India and across the world.


    Download The Economic Times News App to get Daily Market Updates & Live Business News.
    The Economic Times