Prime Minister Narendra Modi on Friday welcomed the steps taken by the Reserve Bank of India (RBI) and said the measures will enhance liquidity, improve credit supply and help small businesses and farmers hit by the nationwide lockdown. "Today’s announcements by RBI will greatly enhance liquidity and improve credit supply.

These steps would help our small businesses, MSMEs, farmers and the poor. It will also help all states by increasing WMA limits" Modi said in a tweet.

RBI Governor Shaktikanta Das, earlier during cut the reverse repo rate, provided special liquidity support to non-banking finance and microfinance companies, eased asset classification norms, and facilitated increased emergency funding for state governments.

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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

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