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The private sector in India bore the brunt of the income losses in 2020 when the pandemic first broke out because the Modi government shrank from its obligation to come up with a credible fiscal support programme to guide the country out of the crisis. The private players will have to bear the burden of paying the cost for igniting an economic recovery this year as well as the government continues to sit on its haunches and counts up the pennies it saved by resisting a clamour for funds to jump start a moribund economy. A Motilal Oswal study pulls no punches in its withering analysis of the government’s ham-handed, twiddly-thumbed effort to assess and deal with the crisis and makes a dire forecast for the current year during which an unequal burden sharing of costs by the private sector could make the economic recovery that much more difficult and flaky. ....