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
Thomas Cook India creates a strategic annual property to expand India’s holiday market
Makes holidays affordable for every Indian- announces ‘The Grand Indian Holiday Sale’ Thomas Cook (India) Ltd. India’s leading integrated travel and travel related financial services company, in a strategic initiative
BLS International inaugurates Spain Visa Application Center in Moscow
BLS International announced the inauguration of their new Spain Visa Application Centre (VACs) in Moscow, Russia on 5th June 2018. Today, the company operates 124 visa application centres in 49 countries
Gan Airport begins boosting tourism in southern Maldives
The opening of international flights to Gan airport, adjacent to Addu township in the south of the Maldives, has opened a new era for the region – providing an alternative
