Thank God coronavirus didn't start in India: British economist Jim O'Neil
Jim O' Neill, the former Goldman chief economist said, there’s no way India could react in the way China has: The Economic Times Online
Last Updated: Mar 14, 2020
British economist Jim O'Neill today said that he was thankful the coronavirus outbreak started in China and "not somewhere like India", according to a CNBC report.
In an apparent jibe at India's governance system, the former Goldman Sachs chief economist said, "Thank God this didn’t start in somewhere like India, because there’s absolutely no way that the quality of Indian governance could move to react in the way that the Chinese have done, that’s the good side of the Chinese model, and I think you could probably say the same about Brazil too."
Participating in a discussion on CNBC, O’Neill — who is credited with coining the acronym BRICS — lauded the model China has adopted to contain the coronavirus pandemic and said western countries should try and emulate it.
His comments drew widespread ire from Indian officials. Indian High Commission Minister Vishwesh Negi told CNBC Wednesday that O’Neill’s comments were "ill-informed and irresponsible."
It may be noted here that India's response to the coronavirus menace from the very beginning has been largely well-rounded. The Ministry of External Affairs has appointed Additional Secretary Dammu Ravi as the COVID Coordinator to streamline international as well as domestic efforts of the government to address the challenges and to check the spread of coronavirus in the country.
The government has announced that all visas, barring diplomatic and employment, stand cancelled till 15 April 2020. It has also issued a “strong advisory” against foreign travel. Passengers coming from or with travel history to China, Italy, Iran, Republic of Korea, France, Spain and Germany after February 15 will be quarantined for at least 14 days.
In some states, including the national capital, schools, colleges and cinema halls will remain shut till 31 March.
The number of fresh infections at the epicentre of China's coronavirus epidemic dropped to a new low on Thursday but the country imported more cases from abroad.
Another 11 people died nationwide the lowest daily increase since late January, bringing the toll in China to 3,169 deaths, according to the National Health Commission.
There were only eight new cases in Wuhan, the city where the virus first emerged in December before growing into a national crisis and a pandemic.
It is the first time that new cases in Wuhan, the capital of Hubei province, have fallen to single-digits since figures started to be reported in January.
Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst
Jim O' Neill, the former Goldman chief economist said, there’s no way India could react in the way China has: The Economic Times Online
Last Updated: Mar 14, 2020
British economist Jim O'Neill today said that he was thankful the coronavirus outbreak started in China and "not somewhere like India", according to a CNBC report.
In an apparent jibe at India's governance system, the former Goldman Sachs chief economist said, "Thank God this didn’t start in somewhere like India, because there’s absolutely no way that the quality of Indian governance could move to react in the way that the Chinese have done, that’s the good side of the Chinese model, and I think you could probably say the same about Brazil too."
Participating in a discussion on CNBC, O’Neill — who is credited with coining the acronym BRICS — lauded the model China has adopted to contain the coronavirus pandemic and said western countries should try and emulate it.
His comments drew widespread ire from Indian officials. Indian High Commission Minister Vishwesh Negi told CNBC Wednesday that O’Neill’s comments were "ill-informed and irresponsible."
It may be noted here that India's response to the coronavirus menace from the very beginning has been largely well-rounded. The Ministry of External Affairs has appointed Additional Secretary Dammu Ravi as the COVID Coordinator to streamline international as well as domestic efforts of the government to address the challenges and to check the spread of coronavirus in the country.
The government has announced that all visas, barring diplomatic and employment, stand cancelled till 15 April 2020. It has also issued a “strong advisory” against foreign travel. Passengers coming from or with travel history to China, Italy, Iran, Republic of Korea, France, Spain and Germany after February 15 will be quarantined for at least 14 days.
In some states, including the national capital, schools, colleges and cinema halls will remain shut till 31 March.
The number of fresh infections at the epicentre of China's coronavirus epidemic dropped to a new low on Thursday but the country imported more cases from abroad.
Another 11 people died nationwide the lowest daily increase since late January, bringing the toll in China to 3,169 deaths, according to the National Health Commission.
There were only eight new cases in Wuhan, the city where the virus first emerged in December before growing into a national crisis and a pandemic.
It is the first time that new cases in Wuhan, the capital of Hubei province, have fallen to single-digits since figures started to be reported in January.
Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst
