The unexpec­ted ferocity with which the second wave struck threatens to derail whatever little recovery India made in the second half of the previous financial year. Several firms have revised the country’s earlier growth estimates of 11-12 per cent to 8 per cent or even lower. Though India avoided declaring a national lockdown, states perforce had to impose their own lockdowns that cost the country around $8 billion, or over Rs 58,000 crore, every week in May, according to investment firm Barclays. India now needs policy vision out of the ordinary to restore consumer confidence, businesses and livelihoods. Here’s what economic experts have to say about India’s Covid-battered economy.