- Chinese ventilator manufacturers have said that it is difficult to produce ventilators without imported parts.
- India's economy was already in bad condition before the pandemic.
- Finance Minister Nirmala Sitharaman announced a relief package of Rs 1.7 lakh crore, which will relieve the economic burden of 800 million poor Indians.
China said on Wednesday that it is ready to help India to meet the needs of ventilators in the wake of the Coronavirus crisis. However, China also said that its companies are facing difficulties due to needed imported parts. According to the news agency PTI, many countries, including the USA and India, are in need of ventilators to keep up with demand.
Chinese ventilator manufacturers have said that it is difficult to produce ventilators without imported parts. At the same time, it has been reported in the Indian media that India is in contact with companies of many countries, including China, which can meet the needs of ventilators and other medical devices.
Chinese Foreign Ministry spokeswoman Hua Chunying told the media on Wednesday, “whether China helps India with the production of ventilators, as we know, the Indian people are also defeating the pandemic under the leadership of Prime Minister Narendra Modi. We stand ready to share our experiences and provide our utmost help.”
“Indeed, the ventilators are in great demand worldwide,” Hua said. “China is also facing the pressure of rebound in pandemic.” She continued,”it’s not easy for us to scale up the production at this particular time. It’s very difficult to do so. But Chinese companies are working non-stop in this regards so as to expand their production . . . In a word, we will do our best to help India.”
Even before the pandemic, in 2019, unemployment in India was at its highest level in 45 years. At the end of last year, industrial production from eight major sectors of the country fall by 5.2%. This was the worst situation in the last 14 years. In short words, India’s economy was already in bad condition.
Experts believe that due to the impact of the coronavirus, where there is a crisis on people’s health, the already weak economy may get a bigger blow. The unorganized sector in India employs about 94% of the country’s population, and contributes 45% to the economy.
The unorganized sector has been badly hit due to the lockdown because thousands of people lost their jobs overnight. That is why the first relief package announced by the government was aimed at reducing the economic burden on the poor.
Finance Minister Nirmala Sitharaman announced a relief package of Rs 1.7 lakh crore, which will relieve the economic burden of 800 million poor Indians, and help them live. By adding money to accounts and arranging food security, the government is helping the poor, daily wage laborers, farmers, and people deprived of basic amenities.
Experts are appreciating these efforts of the government, but they also believe that more efforts are needed to save the economy from the bad effects of this crisis. Thousands of immigrant laborers, who have walked to their village about 300 km from Delhi, are on the streets. Before the crisis, thousands of people left their village homes and came to Delhi to do daily wages and many other things. Those who could not leave on time are now living in government shelters.