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
Family Tales in Jordan: Weaving History into Heartfelt Moments
For over a century, Western travellers have been drawn to the Middle East, yet Jordan has only recently emerged as a destination for tourism. While abroad, Jordan is often associated
Etihad Airways reveals new First Class amenity kits
Etihad Airways has revealed its new First Class amenity kits, designed in partnership with two leading brands from the worlds of fashion and beauty: internationally renowned fashion designer Christian Lacroix,
Tourism Minister welcomes news that Club Med is taking over the Beachcomber Seychelles Sainte Anne Resort & Spa
The New Mauritius Hotels Ltd., which owns 100 percent of the shares of Ste Anne Resort Ltd, has signed an agreement with the French Group, Club Med, for the redevelopment
