Narendra Damodardas Modi (born 17 September 1950) is an Indian politician serving as the 14th and current Prime Minister of India since 2014. He was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament for Varanasi. Modi is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist volunteer organisation. He is the first prime minister outside of the Indian National Congress to win two consecutive terms with a full majority and the second to complete five years in office after Atal Bihari Vajpayee.
MUMBAI : Extension of the nationwide lockdown till May 3 will inflict an economic loss of $234.4 billion, and result in stagnant GDP for calendar year 2020, a British brokerage said on Tuesday.
The economic growth will be zero for calendar year 2020 and when seen from a fiscal year perspective, will rise 0.8% in 2021, brokerage Barclays said in a note.
Hours earlier, Prime Minister Narendra Modi extended the three-week lockdown ending Tuesday till May 3, citing the need to arrest the growth in coronavirus infections.
He did hint at relaxations in unaffected areas starting from April 20, but added that this will be based on strict monitoring.