Chennai: Tech giant Infosys founder N R Narayana Murthy has said the economy should be brought back on track and people should be prepared to live with the pathogen.
He also expressed fear that the country’s GDP growth may even touch its lowest since independence in the backdrop of coronavirus pandemic.
He said this at a discussion on ‘Leading India’s Digital Revolution’ during the 16th edition of Institute of Engineering and Technology’s India Digital Conversations held virtually.
Murthy pitched for developing a new system that should allow every player in every sector of the country’s economy to operate at full steam with suitable precautions.
“India’s GDP is expected to shrink by at least five per cent. There is a fear that we may even reach the lowest GDP (growth) since independence, since 1947,” he added.
“The global GDP has gone down. Global trade has shrunk, global travel has almost disappeared. The global GDP is likely to shrink between 5 per cent and 10 per cent,” he said.