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Narendra Modi Nirmala Sitharaman economy Government crisis Coronavirus

13.05.2020 - 15:49

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livemint.com:

These stimulus measures come a day after Prime Minister Narendra Modi announced the 'Atmanirbhar Bharat Abhiyan' package worth ₹20 lakh crore to kickstart the economy following the nationwide lockdown Finance Minister Nirmala Sitharaman on Wednesday announced further liquidity support to non-banking finance companies, housing finance companies (HFCs) and microfinance institutions (MFIs) by way of a ₹30,000 crore liquidity scheme and a partial credit guarantee scheme of ₹45,000 crore.

These stimulus measures come a day after Prime Minister Narendra Modi announced the “Atmanirbhar Bharat Abhiyan" package worth ₹20 lakh crore to kickstart the economy following the nationwide lockdown due to coronavirus.

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Nirmala Sitharaman - Opinion | Government moves on airports, MRO good but the sector needs more flight - livemint.com - India

18.05.2020 / 10:49

Opinion | Government moves on airports, MRO good but the sector needs more flight

In the fourth tranche of the government's Rs20 lakh crore stimulus package to restore the health of the economy, Finance Minister Nirmala Sitharaman made announcements for the aviation sector. There were 3 major announcements focusing on airspace management, airports and making India an MRO hub (maintenance, repair and overhaul of aircraft).

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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.

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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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Nirmala Sitharaman - PM e-VIDYA initiative to bring more opportunities for ed-tech startups - livemint.com - city Mumbai

18.05.2020 / 05:59

PM e-VIDYA initiative to bring more opportunities for ed-tech startups

MUMBAI : Finance Minister Nirmala Sitharaman on Sunday announced the immediate launch 'Pradhan Mantri e-VIDYA' initiative for digital education, which is likely to boost already high interest in the ed-tech startups, given the extended at-home learning requirements that the industry is catering to.

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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.

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Nirmala Sitharaman - Opinion | Govt uses virus crisis to push basic reforms - livemint.com

17.05.2020 / 21:21

Opinion | Govt uses virus crisis to push basic reforms

There is an emphasis on enhancing the quantum of inward investments

Nirmala Sitharaman virus economy Government crisis

Nirmala Sitharaman - Bankruptcy code put on hold for one year - livemint.com - India

17.05.2020 / 21:10

Bankruptcy code put on hold for one year

Provisions will be made to exclude all virus-related debt from defaults covered under the IBC, the government said

Nirmala Sitharaman India pandemic Government crisis Coronavirus

Nirmala Sitharaman - Centre plans labs in every block - livemint.com - city New Delhi - India

17.05.2020 / 21:09

Centre plans labs in every block

NEW DELHI : The Centre will set up public laboratories at every block to increase testing capacity at the grass-roots, as part of its plans to ramp up India’s health infrastructure to address health emergencies.

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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.

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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.

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Nirmala Sitharaman - Government announces final tranche of measures, leaves India Inc in a spot - livemint.com - India

17.05.2020 / 20:25

Government announces final tranche of measures, leaves India Inc in a spot

The government’s much-hyped ₹20-trillion fiscal package disappointed companies who were expecting big-bang stimulus measures to revive the economy that has remained almost idle for most of the past two months, leaving stock markets vulnerable to a swift pullback.

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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 - Lack of robust stimulus may fail to lift economy - livemint.com

17.05.2020 / 19:51

Lack of robust stimulus may fail to lift economy

The centre’s stimulus package may have an impact of only 1-1.5% of gross domestic product (GDP) on the exchequer, with the government relying more on liquidity support measures. With the government further extending the lockdown till 31 May to curb the coronavirus pandemic, the lack of substantial demand stimulus may deepen the economic downturn in the short run.

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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

Nirmala Sitharaman - Borrowers avoid fresh debt despite Centre’s push for credit flow - livemint.com - India

17.05.2020 / 18:59

Borrowers avoid fresh debt despite Centre’s push for credit flow

Comparison between FinMin’s loan sanction data and RBI’s credit flow data shows divergence of over ₹4 trillion

Nirmala Sitharaman India experts economy Government

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.

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Nirmala Sitharaman - Travel and tourism industry in shock with no relief measures from govt - livemint.com

17.05.2020 / 14:59

Travel and tourism industry in shock with no relief measures from govt

The sector was expecting relief measures as a part of government ₹20 lakh crore package which is aimed to build economy and support industries which are badly hit by the pandemic

Nirmala Sitharaman hospital Government shock travelers

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

Nirmala Sitharaman - Consumer goods firms pin hopes on more funds for rural jobs scheme - livemint.com - city New Delhi - India

17.05.2020 / 14:11

Consumer goods firms pin hopes on more funds for rural jobs scheme

NEW DELHI: The Centre's move to allocate additional funds to the rural jobs programme could help provide a cushion to rural demand that is expected to sink further as the pandemic wreaks havoc with rural wages and renders millions of migrants without jobs.

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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.

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Nirmala Sitharaman - Opinion | Keeping IBC in abeyance a pregnant pause, needs to be handled gently - livemint.com

17.05.2020 / 13:13

Opinion | Keeping IBC in abeyance a pregnant pause, needs to be handled gently

The one announcement of the Finance Minister Nirmala Sitharaman on Sunday that catches the eye for its focus on micro, small and medium enterprises (MSMEs) is “Further enhancement of ease of doing business through IBC related matters".

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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.

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Nirmala Sitharaman - Sitharaman’s day 5 steps: higher MNREGS outgo; privatization; no fresh IBC case - livemint.com - city New Delhi

17.05.2020 / 13:12

Sitharaman’s day 5 steps: higher MNREGS outgo; privatization; no fresh IBC case

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday concluded the 5-day-long series of announcements on the Rs20 trillion financial package that the government hopes will revive the covid-struck economy. Built on the pillars of land, labour, liquidity and laws, today’s package is aimed at increasing government spending on rural jobs; privatizing government companies while ensuring former have a role in strategic sectors; scrapping or rewriting laws for a more business-friendly environment and removing fear of law among firms facing bankruptcy due to covid.

Nirmala Sitharaman city New Delhi economy Government crisis

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.

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Nirmala Sitharaman - ₹21 trillion - livemint.com - city New Delhi

17.05.2020 / 10:49

NEW DELHI: Increased funding under the marquee Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), exclusion of debt default due to coronavirus pandemic under the Insolvency and Bankruptcy Code (IBC) and reform linked jump in states’ borrowing limits were some of the focus areas of the fifth tranche of stimulus announced on Sunday.

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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.

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Nirmala Sitharaman - Top-100 universities permitted to start online courses automatically by 30 May: Sitharaman - livemint.com - city New Delhi - India

17.05.2020 / 09:29

Top-100 universities permitted to start online courses automatically by 30 May: Sitharaman

NEW DELHI : Finance Minister Nirmala Sitharaman on Sunday pushed for promotion of digital-education in India in a post-coronavirus era and announced 'PM eVIDYA' programme for multi-mode access to e-education under which top 100 universities would be permitted to start online courses by May 30.

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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 - 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 - ₹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 - Public sector enterprises in non-strategic sectors to be privatised - livemint.com

17.05.2020 / 08:25

Public sector enterprises in non-strategic sectors to be privatised

Finance Minister Nirmala Sitharaman today said the government will privatise public sector units or public sector enterprises (PSEs) in non-strategic sectors. A list of strategic sectors will also be announced in which only one to four public sector enterprises will remain, the finance minister said, as part of a slew of measures to kickstart the economy.

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Nirmala Sitharaman - Govt allows direct overseas listing of securities by Indian public companies - livemint.com - India

17.05.2020 / 08:25

Govt allows direct overseas listing of securities by Indian public companies

To further enhance the Ease of Doing business, Finance Minister Nirmala Sitharaman today said that the government will allow direct listing of securities by Indian public companies in permissible foreign jurisdictions. Private companies which list NCDs on stock exchanges not to be regarded as listed companies.

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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.

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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 - Govt raises MGNREGA budget; relaxes IBC, Companies Act norms to protect firms - livemint.com

17.05.2020 / 07:37

Govt raises MGNREGA budget; relaxes IBC, Companies Act norms to protect firms

Concluding the 5-day announcements of the government's Rs20 trillion financial package of liquidity and reforms to restore the health of the covid-struck economy, Finance Minister Nirmala Sitharaman on Sunday said the government would spend Rs1 trillion on Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGA). This is Rs40,000 crore than the amount originally planned to spend in FY21.

Nirmala Sitharaman economy Government

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.

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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

Nirmala Sitharaman - FM Sitharaman fast tracks industrial reforms to aid growth recovery - livemint.com - India

16.05.2020 / 16:01

FM Sitharaman fast tracks industrial reforms to aid growth recovery

Experts said the measures announced on Saturday were much needed industrial reforms addressing the supply side rather than being stimulus measures

Nirmala Sitharaman India experts Government crisis Coronavirus growth

Nirmala Sitharaman - Private sector to be co-traveller in India’s space journey, says government - livemint.com - India

16.05.2020 / 14:45

Private sector to be co-traveller in India’s space journey, says government

As India plans to rejig the economy in wake of the distress caused by the ongoing pandemic, the government said, it is looking to boost private participation in its space sector

Nirmala Sitharaman India testing pandemic economy Government

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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