Keeping politics aside 
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The current crisis has 3 parts to this - farm sector crisis, massive joblessness, consumption fall.
Short term has to focus on
1. reviving the farm sector via increasing funds to mnrega to sustain rural folks, targeted support for farming and farm produce prices,
2. Funding / reviving the msmes to grow and hire more people. It is always relatively easier to grow a established company than for a startup.
3. Reviving Consumption - only way is by putting more money in the hands of the people - personal tax cuts, increasing funds for mnrega, increase payouts to Kisan Yojana from the current 2000 per quarter to atleast 6000 per quarter.
Long term focus -
1. Semi privatise farm sector - Allow big players like Tatas to take on "lease" vast farm lands and hire the farmers or one of thier families as employees . Also pay monthly rental for their lands leased by them.
2. These big players can manage the complexities, the seasonal issues, weather issues, etc..and ensure they pay their employees regularly.
3. Revive msmes - merge multiple players within each location, and fund them to emerge as mid segment players hiring more labour force. This will ensure they don't collapse during the next downturn.
4, Private investment - ensure foreign players invest in india , not just sign mous and sit idle.
5. Finally only way for equitable society is to implement Amma canteen across the country, to ensure no one goes hungry. Some will say UBI but it will take forever to implement this - identify poor, make a payroll, identify or setup bank accounts, direct transfer money, poor people's ability to access banks and withdraw the money, etc.. Too complex to implement quickly.
