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Covid-19 outbreak: Maharashtra will sign 12 FDIs to revive economy

Uddhav Thackeray China South Korea Singapore Usa India city Mumbai covid-19 pandemic economy Government
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Mumbai: In a bid to revive the state's economy that has been hit by the ongoing lockdown, Maharashtra government, on Sunday evening said that 12 large memorandums of understanding (MOU’s) with companies from across the globe including US, China, South Korea, Singapore and India will be signed on 15 June in the presence of Chief Minister Uddhav Thackeray and Minister for Industries Subhash Desai.The MOUs are aimed at attracting foreign direct investments (FDI) in Maharashtra, which, with 1.04 lakh covid-19 cases, is the country's worst affected state.Global business leaders, country missions and bilateral investment agencies will join this exclusive session via video conference from 6:30 pm onwards on 15 June, said the government in a.

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Maharashtra govt plans to adopt new compensation strategy for citizens
MUMBAI : Maharashtra chief minister Uddhav Thackeray on Sunday said the state is planning to overhaul the old criteria for compensation to people affected by natural calamities in the backdrop of the recent cyclone “Nisarga", which has affected several districts of the state.Maharashtra, which is already struggling to contain the transmission of covid-19 infection, on Sunday, announced an emergency relief package of ₹75 crore for Ratnagiri district and ₹25 crore for Sindhudurg district to compensate for the damages due to the cyclone.Even though the state is dealing with the crisis of covid-19 pandemic, Thackeray said the government will decide on compensation for damages in Thane and Palghar also, which have seen relatively less damages
Uddhav Thackeray city Mumbai covid-19 Government crisis infection
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