By Sukumar Rajah, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity
India's government has implemented a series of measures to contain the spread of the coronavirus, aiming to strike a balance between saving lives and preventing an economic catastrophe. It recently stepped up its fight, extending a lockdown of its 1.3 billion citizens until May 3. Franklin Templeton Emerging Markets Equity's Sukumar Rajah weighs in on the implications.
The accelerated transition of the COVID-19 virus from a regional epidemic to a global pandemic is a glaring example of the brutal side