Kerala Finance Minister KN Balagopal has written this article in today's Indian Express. It calls this ongoing slowdown as another depression. He places his strong criticism against the National Monetisation Pipeline.

Here is what he prescribes to tide over the depression. "This is not the way the world faced the past two depressions. We need massive public investment that will help people to form cooperatives and collectives in agriculture and industrial production. Parliament, the National Development Council and the GST Council should discuss this unprecedented situation. We need to find a way out collectively. Handing over the rights on public properties to private individuals will take the country back to the colonial era. This must not be allowed."

https://indianexpress.com/article/opinion/columns/nirmala-sitharaman-national-monetisation-pipeline-scheme-7514042/