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
Tourism demand remains strong despite challenges says UNWTO
Demand for international tourism remained robust in 2016 despite challenges. International tourist arrivals grew by 3.9 per cent to reach a total of 1,235 million, according to the latest UNWTO
Bombay HC asks Maharashtra government why villagers not allowed to offer B&B?
A division bench of Justices NH Patil and MS Karnik posed the question to the government on a writ petition filed by more than 150 villagers. The Bombay High Court
VFS Global wins contracts to manage India visa services in Spain, Thailand, and South Africa
Company is proud to extend its visa processing services for the Government of India in 12 countries as part of its expanding visa services network for the Government of India’s
