The Week That Was…
We bring to you top 5 developments from the world of politics and business that happened in the Country in the Week Gone by:
1. Within a week, PM Narendra Modi addressed the nation on Tuesday (24th March). He announced 21-days countrywide lockdown to prevent spread of Coronavirus. Modi also announced Rs 15,000 crore to fight COVID-19.
2. On 27th March (Friday) Finance Minister Nirmala Sitharaman announces Rs 1.7 lakh crore relief package for poor.
3. Mar 27, 2020 (Friday), RBI annouced measures for the industry hit hard by the Coronavirus Pandemic. The central bank announced 75 basis point cut in Repo rate. It allowed banks, NBFCs to put a 3 month moratorium on term loans. RBI is ensuring enough liquidity in the market post lockdown.
4. Indian Railways, currently not operating any passenger trains due to the lockdown, will convert its train coaches into quarantine wards, preparing for future.
5.The weekend saw mass exodus of labourers, who losing livelihoods to the lockdown, took to the roads to go from cities to their far-off homes in different states, threatening the whole purpose of the lockdown.
You might also like
Sabre APAC growth continues
Sabre APAC growth continues: Todd Arthur named vice president of sales and market development for Sabre Travel Network Asia Pacific Sabre Corporation (NASDAQ: SABR) has named Todd Arthur vice president
Darjeeling toy train starts chugging again
The Darjeeling Himalayan Railway (DHR) or Toy Train has resumed services on an experimental basis on a 35-km track between Siliguri and Sukna. he Darjeeling Himalayan Railway (DHR) or Toy
Vikalp ‘Alternative Train Accommodation Scheme’ to Launch on April 1
From April 1, waitlisted passengers can avail the opportunity of travelling in premier trains like Rajdhani or Shatabdi even if they have booked tickets in other mail or express trains
