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Narendra Modi Nirmala Sitharaman India covid-19 economy crisis Coronavirus

12.05.2020 - 19:53

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livemint.com:

PM Modi announces a ₹20 trillion stimulus package to reinvigorate the economy and a new strategy to ensure that the country becomes self-reliant Prime Minister Narendra Modi on Tuesday announced a ₹20 trillion ($265 billion) stimulus package, in one of the world’s most aggressive bailouts in relation to economic size, equating to about 10% of gross domestic product (GDP).

The stimulus is aimed at softening the devastating fallout of the coronavirus lockdown that has rendered millions of people jobless and pushed thousands of businesses to the brink of bankruptcy as the economy has suddenly gone idle.

The fiscal package, details of which will be announced by finance minister Nirmala Sitharaman starting Wednesday, also aims to build an India

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Nirmala Sitharaman - How does housing subsidy benefit you? - livemint.com

18.05.2020 / 18:57

How does housing subsidy benefit you?

If you were planning to buy a house but held back in view of the ongoing covid-19 crisis, the government is willing to give a helping hand. At a press conference held last week, finance minister Nirmala Sitharaman announced the extension of the government’s housing subsidy scheme for households that fall under the middle-income group (MIG).

Nirmala Sitharaman covid-19 2020 Government crisis

Narendra Modi - Harsh Vardhan - Union Health - India has done well in dealing with Covid-19 pandemic till now: Harsh Vardhan - livemint.com - city New Delhi - India

18.05.2020 / 16:55

India has done well in dealing with Covid-19 pandemic till now: Harsh Vardhan

I think we did our best and we did well. We are learning and we are confident of doing better in the months to come, Vardhan added

Narendra Modi Harsh Vardhan Union Health city New Delhi India virus covid-19 pandemic

Nirmala Sitharaman - Cash handout to migrant workers is difficult without database: Expenditure secy - livemint.com

18.05.2020 / 16:41

Cash handout to migrant workers is difficult without database: Expenditure secy

T.V. Somanathan gives the rationale behind the mega economic stimulus package announced by FM over five days

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Narendra Modi - Cash-strapped India's economic plan unlikely to soften coronavirus blow - livemint.com - city New Delhi - India

18.05.2020 / 16:41

Cash-strapped India's economic plan unlikely to soften coronavirus blow

NEW DELHI : India's $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending, tax breaks or cash support to revive demand and prevent firms from collapsing, business leaders and economists say.

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Narendra Modi - PM Narendra Modi takes stock as cyclone Amphan set to make landfall - livemint.com - city New Delhi - India

18.05.2020 / 15:39

PM Narendra Modi takes stock as cyclone Amphan set to make landfall

NEW DELHI : Prime Minister Narendra Modi on Monday chaired a high level meeting with officials of the Union home ministry and the National Disaster Management Authority (NDMA), to review the arising cyclone situation in various parts of the country.

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Narendra Modi - RBI may extend moratorium on repayment of loans for three more months: Report - livemint.com - city New Delhi - India

18.05.2020 / 09:25

RBI may extend moratorium on repayment of loans for three more months: Report

NEW DELHI : With the government extending the nationwide lockdown up to May 31, the Reserve Bank of India (RBI) is likely to extend the moratorium on repayment of loans for three more months, according to an SBI research report.

Narendra Modi city New Delhi India covid-19 2020 Government

Nirmala Sitharaman - Sensex plunges over 1,000 points: Key triggers for today's losses - livemint.com - India

18.05.2020 / 08:05

Sensex plunges over 1,000 points: Key triggers for today's losses

Indian stock markets fell sharply today as the government's stimulus package failed to enthuse the Street, with banking stocks leading the losses. The government has extended a nationwide lockdown to May 31, while easing some restrictions, but a ban on air travel and gatherings at several public places still remained. The Sensex fell as much as 1070 points to 30,027, wiping out about ₹3 lakh crore of investors' wealth. At day's low, the Nifty slumped to 8,825.

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Narendra Modi - PM Modi seeks advice for May 31 'Mann Ki Baat' which coincides with end of Lockdown 4.0 - livemint.com

18.05.2020 / 05:56

PM Modi seeks advice for May 31 'Mann Ki Baat' which coincides with end of Lockdown 4.0

Prime Minister Narendra Modi has invited ideas and topics for his next episode of Mann Ki Baat. PM Modi will be addressing the 65th episode of Mann Ki Baat on 31 May at 11 am.

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Narendra Modi - Indian govt will soon take decision on OCI visa issue: Minister - livemint.com - Usa - India

18.05.2020 / 01:07

Indian govt will soon take decision on OCI visa issue: Minister

In a bid to allay fears of OCI card holders over the temporary suspension of their long-term visas, Indian Minister of State for External Affairs, V Muraleedharan, said his government will soon take an appropriate decision on it.

Narendra Modi Usa India covid-19 Government travelers Coronavirus

Nirmala Sitharaman - States displeased with Centre over conditions on borrowing - livemint.com

17.05.2020 / 20:45

States displeased with Centre over conditions on borrowing

The government’s decision to raise borrowing limits for states for the current fiscal from 3% of gross state domestic product (GSDP) to 5% has led to a clear political divide between the Bharatiya Janata Party (BJP)-and Opposition-ruled state governments over conditionalities.

Nirmala Sitharaman covid-19 guidelines Government crisis

Nirmala Sitharaman - Ramesh Pokhriyal - From TV channels to online degrees, govt pushes for e-learning - livemint.com - city New Delhi

17.05.2020 / 20:45

From TV channels to online degrees, govt pushes for e-learning

NEW DELHI : A dozen television channels dedicated to teaching school curriculums and 100 universities offering online degree courses from the end of May form the backbone of a government push for e-learning unveiled on Sunday.

Nirmala Sitharaman Ramesh Pokhriyal city New Delhi covid-19 pandemic Government Learning

Nirmala Sitharaman - Centre expands social safety net programme - livemint.com - city New Delhi - county Union

17.05.2020 / 20:25

Centre expands social safety net programme

NEW DELHI : The Union government on Sunday injected an extra ₹40,000 crore into the national rural jobs programme, extending a helping hand to millions of rural poor, as well as urban migrant workers returning to villages.

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Nirmala Sitharaman - Opinion | The Centre could yet play spender-in-chief - livemint.com - India

17.05.2020 / 19:00

Opinion | The Centre could yet play spender-in-chief

Its slew of sectoral reforms and enhanced allocations are good news. It should grant itself greater fiscal leeway, though, to spur demand and thus give our economy an instant boost

Nirmala Sitharaman India covid-19 economy Government crisis

Narendra Modi - Lockdown 4.0 extended to 31 May, Red zones open to economic activities - livemint.com - city New Delhi

17.05.2020 / 15:07

Lockdown 4.0 extended to 31 May, Red zones open to economic activities

NEW DELHI : Continuing its attempt to provide fillip to the economy whilst combating the spread of covid-19, the Union government on Sunday announced an extension to the ongoing lockdown till 31 May.

Narendra Modi city New Delhi covid-19 guidelines economy Government

Narendra Modi - Lockdown extended to 31 May, MHA yet to announce guidelines - livemint.com - city New Delhi

17.05.2020 / 14:59

Lockdown extended to 31 May, MHA yet to announce guidelines

NEW DELHI : Continuing its attempt to combat the spread of covid-19, the Union government on Sunday announced an extension to the ongoing lockdown till 31 May.

Narendra Modi city New Delhi covid-19 guidelines Government

Narendra Modi - Karnataka extends lockdown till 19 May, awaits fresh guidelines from centre - livemint.com

17.05.2020 / 14:19

Karnataka extends lockdown till 19 May, awaits fresh guidelines from centre

In its order, T.M.Vijay Bhaskar, the chief secretary of Karnataka said that all restrictions will continue for at least another 48 hours to ensure that people do not rush out of their homes and add to the threat of covid-19 in the state

Narendra Modi covid-19 guidelines Government Coronavirus

Narendra Modi - Fifth tranche of economic package will revitalise village economy: PM Modi - livemint.com - city New Delhi - India

17.05.2020 / 13:31

Fifth tranche of economic package will revitalise village economy: PM Modi

NEW DELHI : The fifth and last tranche of economic stimulus announced by the government on Sunday will boost entrepreneurship, help public sector units and revitalise the village economy, Prime Minister Narendra Modi has said.

Narendra Modi city New Delhi India covid-19 economy Government

Nirmala Sitharaman - ₹15,000 crore for health related measures’: Sitharaman - livemint.com

17.05.2020 / 13:13

₹15,000 crore for health related measures’: Sitharaman

Finance Minister Nirmala Sitharaman announced the ... moreFinance Minister Nirmala Sitharaman announced the final tranche of the economic package.

Nirmala Sitharaman hospital covid-19 Government

Nirmala Sitharaman - Covid-19: Privatisation may lead to public airports being sold below fair value - livemint.com - India - city Mumbai

17.05.2020 / 10:57

Covid-19: Privatisation may lead to public airports being sold below fair value

MUMBAI: Finance minister Nirmala Sitharaman’s plan to auction 12 more airports and further open up the Indian airspace does little to relieve the immediate financial stress that the aviation sector is under.

Nirmala Sitharaman India city Mumbai covid-19 experts pandemic Government

Nirmala Sitharaman - Proposed IBC changes to benefit small businesses, resolutions to see a dip - livemint.com - city Mumbai

17.05.2020 / 09:35

Proposed IBC changes to benefit small businesses, resolutions to see a dip

MUMBAI: The Centre's move to increase the threshold for filing insolvency applications and a special resolution framework for small businesses will give some breathing room to the micro, small and medium enterprises (MSMEs) but resolution of stressed assets will take a beating.

Nirmala Sitharaman city Mumbai covid-19 pandemic Government consequences

Nirmala Sitharaman - From strategic PSUs privatisation to 'one class one channel' for students, 8 highlights from FM's presser - livemint.com

17.05.2020 / 08:55

From strategic PSUs privatisation to 'one class one channel' for students, 8 highlights from FM's presser

The last tranche focused on steps to boost the Atma Nirabhr mission, included MGNREGA, healthcare and education, businesses, de-criminalisation of the Companies Act, ease of doing business, public sector undertakings, and resources related to state government.

Nirmala Sitharaman covid-19 Government

Nirmala Sitharaman - Covid-19 package: Govt to set up public health laboratories at block levels - livemint.com - city New Delhi - India

17.05.2020 / 08:55

Covid-19 package: Govt to set up public health laboratories at block levels

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday announced setting up of public health laboratories at block levels, a move that will boost testing facilities in rural India.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government

Nirmala Sitharaman - ₹20 trillion stimulus: Govt to privatise public sector entities - livemint.com - city New Delhi - India

17.05.2020 / 08:29

₹20 trillion stimulus: Govt to privatise public sector entities

NEW DELHI: Finance minister Nirmala Sitharaman on Sunday announced a new public sector enterprise (PSE) policy under which there will be at least one such entity each in strategic sectors while those in non-strategic sectors will be privatised.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government

Nirmala Sitharaman - FM pushes for e-learning – from dedicated TV channels to online degrees - livemint.com - city New Delhi - India

17.05.2020 / 08:29

FM pushes for e-learning – from dedicated TV channels to online degrees

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday pushed for promotion of e-learning in a post covid-19 India and said there will be dedicated TV channels for each school class and permission would be granted to 100 top universities to start online degrees.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government Coronavirus Learning

Nirmala Sitharaman - Jan Dhan - DBT played crucial role in implementing PM Garib Kalyan Yojana, says Sitharaman - livemint.com - city New Delhi

17.05.2020 / 08:25

DBT played crucial role in implementing PM Garib Kalyan Yojana, says Sitharaman

NEW DELHI: Finance minister Nirmala Sitharaman on Sunday said the government’s technology-driven direct benefit transfer (DBT) has been crucial in implementing PM Garib Kalyan Yojana that was rolled out to provide relief to the poor and vulnerable amid the covid-19 crisis.

Nirmala Sitharaman Jan Dhan city New Delhi covid-19 Government crisis

Nirmala Sitharaman - Covid-19 relief package: India to suspend bankruptcy code for one year - livemint.com - city New Delhi - India

17.05.2020 / 08:25

Covid-19 relief package: India to suspend bankruptcy code for one year

NEW DELHI: India will suspend bankruptcy proceedings for one year so that companies are not dragged into tribunals at a time they are trying to get back on their feet, finance minister Nirmala Sitharaman said on Sunday.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government Coronavirus

Nirmala Sitharaman - ₹40,000 crore for rural job plan - livemint.com

17.05.2020 / 07:37

₹40,000 crore for rural job plan

Finance Minister Nirmala Sitharaman today said that the government will allocate additional ₹40,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). This is in addition to the ₹61,500 crore announced in Budget 2020.

Nirmala Sitharaman covid-19 2020 Government crisis

Nirmala Sitharaman - 'One channel for one class', FM announces help for students who don't have internet access - livemint.com

17.05.2020 / 07:37

'One channel for one class', FM announces help for students who don't have internet access

Sitharaman also announced that provisions are being made for telecast of live interactive sessions for online education.

Nirmala Sitharaman covid-19 Government crisis

Nirmala Sitharaman - Stimulus: 5th tranche focusses on MGNREGA, health, education, businesses - livemint.com - city New Delhi

17.05.2020 / 07:13

Stimulus: 5th tranche focusses on MGNREGA, health, education, businesses

NEW DELHI: Finance minister Nirmala Sitharaman on Sunday said a series of measures focussing on rural jobs, health, education and support to states and businesses are part of the last tranche of the ₹20 trillion economic package announced to mitigate the impact of the covid-19 pandemic and the resultant lockdown.

Nirmala Sitharaman city New Delhi covid-19 pandemic Government

Nirmala Sitharaman - EPF withdrawal: 12 lakh EPFO subscribers opt for special coronavirus scheme - livemint.com

17.05.2020 / 07:13

EPF withdrawal: 12 lakh EPFO subscribers opt for special coronavirus scheme

Under the coronavirus special EPF withdrawal scheme, about 12 lakh employees have availed this scheme and about ₹3,600 crore has been disbursed so far by the EPFO. This was disclosed by Finance Minister Nirmala Sitharaman said.

Nirmala Sitharaman covid-19 Government Coronavirus withdrawal

Narendra Modi - Nirmala Sitharaman - Nirmala Sitharaman LIVE: Economic package finale keeps everyone guessing - livemint.com - city New Delhi - India

17.05.2020 / 06:21

Nirmala Sitharaman LIVE: Economic package finale keeps everyone guessing

NEW DELHI : Finance minister Nirmala Sitharaman is expected to make some key announcements today as she addresses the fifth and last press conference on the ₹20 lakh crore economic package announced by Prime Minister Narendra Modi earlier. To revive the Indian economy hit by the impact of coronavirus, the Modi government has decided to make India 'self-reliant' with a combination of several reforms, fiscal and liquidity measures. PM Modi has said that the measures and reforms will create many business opportunities and contribute to economic transformation.

Narendra Modi Nirmala Sitharaman city New Delhi India economy Government Coronavirus

Nirmala Sitharaman - ₹20 trillion economic package today - livemint.com - city New Delhi

17.05.2020 / 04:49

₹20 trillion economic package today

Sitharaman will announce the last tranche of ₹20 lakh crore stimulus package at 11 am today

Nirmala Sitharaman city New Delhi covid-19 Government crisis

Nirmala Sitharaman - Industry hails structural reforms, but says liquidity boost needed - livemint.com

16.05.2020 / 18:35

Industry hails structural reforms, but says liquidity boost needed

In big-bang reform measures, Centre has decided to raise the limit for FDI for defence manufacturing from 49 to 74% under the automatic route and has also allowed commercial mining of coal, whereby any party can bid for coal block and sell it in the open market

Nirmala Sitharaman hospital covid-19 Government

Narendra Modi - Nirmala Sitharaman - Fourth tranche of economic package will boost job opportunities: Narendra Modi - livemint.com - city New Delhi

16.05.2020 / 16:29

Fourth tranche of economic package will boost job opportunities: Narendra Modi

NEW DELHI : The economic measures announced by his government on Saturday will create many business opportunities and contribute to economic transformation, Prime Minister Narendra Modi said.

Narendra Modi Nirmala Sitharaman city New Delhi covid-19 pandemic Government

Narendra Modi - Karnataka reports 36 new covid-19 cases on Saturday - livemint.com - state Karnataka - state Yediyurappa-Led

16.05.2020 / 14:45

Karnataka reports 36 new covid-19 cases on Saturday

Karnataka has seen a spike in cases over the last few days including 69 who tested positive on Friday marking the highest single day rise since 8 March when the first case was detected in the state

Narendra Modi state Karnataka state Yediyurappa-Led covid-19 testing Government

Nirmala Sitharaman - FDI limit in defence manufacturing under automatic route hiked - livemint.com - India

16.05.2020 / 12:21

FDI limit in defence manufacturing under automatic route hiked

In the fourth tranche of economic stimulus, Finance Minister Nirmala Sitharaman today focused on eight sectors including defence production, saying that foreign direct investment limit in defence manufacturing under automatic route is being raised from 49% to 74%. This will be subject to security clearance, the finance minister said.

Nirmala Sitharaman India covid-19 Government crisis

Nirmala Sitharaman - Govt ends monopoly over coal, allows commercial mining on revenue-sharing basis - livemint.com - India

16.05.2020 / 12:21

Govt ends monopoly over coal, allows commercial mining on revenue-sharing basis

While asserting that many sectors need "policy simplification and structural reforms", Finance Minister Nirmala Sitharaman on Saturday announced the fourth tranche of ₹20 lakh crore economic stimulus. She said structural reforms will be the focus of fourth tranche of economic stimulus package with an aim to boost growth, create jobs.

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Donald Trump - Narendra Modi - PM Modi says more power to India-US friendship - livemint.com - city New Delhi - Usa - India

16.05.2020 / 11:32

PM Modi says more power to India-US friendship

NEW DELHI: Prime Minister Narendra Modi on Saturday hailed the India-US relation, hours after American president Donald Trump announced that his country will donate ventilators to India, essential to treat those severely infected with covid-19.

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Donald Trump - Narendra Modi - PM Modi hails India-US ties after Trump's ventilator offer to fight Covid-19 - livemint.com - Usa - India

16.05.2020 / 11:32

PM Modi hails India-US ties after Trump's ventilator offer to fight Covid-19

Prime Minister Narendra Modi today thanked Donald Trump after the US president offered to donate ventilators to India to treat the Covid-19 patients. 'More power to India-US friendship', Prime Minister Narendra Modi tweeted.He said in such times, it's always important for nations to work together and do as much as possible to make the world healthier and free from coronavirus.

Donald Trump Narendra Modi Usa India covid-19 president pandemic Ventilators

Narendra Modi - Nirmala Sitharaman - Rahul Gandhi - Nirmala Sitharaman LIVE Updates: FM to release 4th part of economic package - livemint.com - city New Delhi - India

16.05.2020 / 11:31

Nirmala Sitharaman LIVE Updates: FM to release 4th part of economic package

NEW DELHI : After having announced economic package and relief measures for farmers, migrant labourers, MSMEs, SMEs, NBFCs, MFIs and other categories, Finance Minister Nirmala Sitharaman will release the fourth tranche of her ₹20 lakh crore economic package today. As announced the Prime Minister Narendra Modi earlier, the stimulus to revive the Indian economy hit by coronavirus is being released in several tranches. Equivalent to 10% of India's GDP, the economic package includes both fiscal and liquidity measures to make India self-reliant under the 'Aatmanirbhar Abhiyan'.

Narendra Modi Nirmala Sitharaman Rahul Gandhi city New Delhi India covid-19 economy Coronavirus Updates

Narendra Modi - Nirmala Sitharaman - Rahul Gandhi - Govt must rethink economic package, give money directly to needy: Rahul Gandhi - livemint.com

16.05.2020 / 09:49

Govt must rethink economic package, give money directly to needy: Rahul Gandhi

Former Congress president Rahul Gandhi on Saturday said the government should rework on the ₹20 trillion economic stimulus package, announced to mitigate the damage caused by the coronavirus pandemic, by giving money directly to people to spur demand instead of focusing on a loan-centric approach.

Narendra Modi Nirmala Sitharaman Rahul Gandhi president economy Government Coronavirus

Narendra Modi - India's Covid-19 infections surpass China - rte.ie - China - Usa - India - Italy - Britain

16.05.2020 / 09:45

India's Covid-19 infections surpass China

India's total Covid-19 cases rose to 85,940, taking it past China, where the pandemic originated last year, though a strict lockdown enforced since late March has reduced the rate of infection.

Narendra Modi China Usa India Italy Britain World Coronavirus Infections

Narendra Modi - Arvind Kejriwal - Metro service only for govt employees, essential service workers, suggests AAP - livemint.com - city New Delhi - city Delhi

15.05.2020 / 19:53

Metro service only for govt employees, essential service workers, suggests AAP

New Delhi: The Delhi government has suggested opening of metro services from next week, but only for government employees and people engaged in essential services, even as it recommended that religious places, gyms and cinema halls remain closed during the fourth phase of the lockdown.

Narendra Modi Arvind Kejriwal city New Delhi city Delhi covid-19 recommendations death Government

Nirmala Sitharaman - FMCG companies welcome FM's package for the farm sector - livemint.com - city New Delhi - India

15.05.2020 / 16:25

FMCG companies welcome FM's package for the farm sector

New Delhi: Fast moving consumer goods companies on Friday welcomed the government's third tranche of the economic relief package aimed at supporting and reforming the farm sector, as well as developing infrastructure to support India's agriculture sector.

Nirmala Sitharaman city New Delhi India economy Government medicines

Narendra Modi - Bill Gates - Bill Gates thanks PM Modi for interaction, stresses India's key role in fight against coronavirus - livemint.com - city New Delhi - India

15.05.2020 / 12:55

Bill Gates thanks PM Modi for interaction, stresses India's key role in fight against coronavirus

Combating the pandemic requires global collaboration. India's role is key as the world works to minimize social and economic impact, and pave the way to vaccine, testing, and treatment access for all, Bill Gates said

Narendra Modi Bill Gates city New Delhi India pandemic vaccine Coronavirus

Narendra Modi - Will lockdown 4.0 differ from state to state? It might - livemint.com - city New Delhi - state Bjp-Ruled

15.05.2020 / 12:46

Will lockdown 4.0 differ from state to state? It might

While many states are against entire districts being put in red zones due to presence of containment zones, some wanted that right of demarcation of zones be transferred to the states

Narendra Modi city New Delhi state Bjp-Ruled covid-19 economy Government Coronavirus

Narendra Modi - Nirmala Sitharaman - Nirmala Sitharaman LIVE Updates: FM announces economic package for agriculture - livemint.com - city New Delhi - India

15.05.2020 / 11:53

Nirmala Sitharaman LIVE Updates: FM announces economic package for agriculture

NEW DELHI : Finance Minister Nirmala Sitharaman is releasing the third tranche of the ₹20 lakh crore economic package today with a focus on agriculture, fisheries and allied activities. In the previous two parts of the package, FM's focus was on MSMEs, NBFCs, MFIs, migrant workers, street vendors and small farmers. Prime Minister Narendra Modi has declared that the package is aimed at making India self-reliant. He has also hinted at bringing in several reforms to revive the Indian economy hit by the nationwide spread of the contagious coronavirus disease and the prolonged lockdown.

Narendra Modi Nirmala Sitharaman city New Delhi India economy Government Coronavirus Updates

Nirmala Sitharaman - TDS rate cut on salaries would have increased tax compliance burden: Official - livemint.com - city New Delhi

15.05.2020 / 09:11

TDS rate cut on salaries would have increased tax compliance burden: Official

NEW DELHI : To improve liquidity in the hands of taxpayers, finance minister Nirmala Sitharaman has reduced rate of tax deducted at source (TDS) and tax collected at source (TCS) by 25% but salaries have been kept out of the purview of relief.

Nirmala Sitharaman city New Delhi covid-19 pandemic salaries

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Detail statistic

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