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Govt stimulus is key to survival, says auto industry

India covid-19 outbreak president pandemic
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Industry stalwarts delve into the key issues that have affected the sector amid a covid-19 outbreak, in the first of a series of webinars from Mint’s Pivot or Perish campaign In the first in a series of webinars from Mint’s Pivot or Perish campaign, automobile industry stalwarts comprising Maruti Suzuki India Ltd chairman R.C.

Bhargava, Confederation of Indian Industry president Vikram Kirloskar, Society of Indian Automobile Manufacturers (Siam) president Rajan Wadhera and MG Motor India president Rajeev Chaba delve into key issues affecting the sector amid a pandemic. Key takeaways Stimulus is a must The Centre should immediately deliver a stimulus to revive demand as firms can’t survive with 50% capacity utilization, given the high fixed

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14 patients in Guelph hospital with COVID-19, 2 active outbreaks in the city
Guelph General Hospital is reporting Monday that it is treating 14 patients who have tested positive for COVID-19, while 22 staff members are off work due to the virus.The number of patients has increased by three over the weekend from what was reported on Friday, while the number of staff off work has increased by five. Ontario to end COVID proof of vaccination March 1, mask mandate to remain in place Across Wellington-Dufferin-Guelph, public health reports 25 people are in the hospital with COVID-19, including seven in an intensive care unit.Guelph’s coronavirus death toll remains at 52 during the pandemic with the latest fatal case being reported on Feb.
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Justin Trudeau is expected to announce Monday he will invoke emergency powers to support provinces in ending the blockades and public disorder that have gripped Ottawa for 18 days, Global News has confirmed.One national security source and one source that participated in a Monday morning Liberal national caucus meeting said the government is poised to invoke the act and that senior officials are preparing for an imminent announcement.Multiple sources have also told Global News federal officials are weighing options for the military to help law enforcement with logistics. But there is no plan at this time, according to the sources, to have the military help police in dealing with civilians or deploying into the streets.What exactly are the powers coming into play? Let’s take a look.First, a quick history recap: the Emergencies Act is not the War Measures Act.The War Measures Act was the controversial piece of legislation that Trudeau’s father, Pierre Elliott Trudeau, used back in 1970 during the October Crisis, which saw a series of terrorist attacks by a Quebec separatist group.The law allowed the federal government to suspend civil liberties, and it was in response to questions over how far Trudeau senior would go in suspending these liberties that he offered the infamous phrase: “Just watch me.”That law, however, was repealed and replaced in 1988.
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Delhi logs 586 fresh COVID cases, 4 deaths; positivity rate at 1.37%
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Narayana Health sets up a new 100-bed covid ICU. Details here
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Trucker protests: Police clear protesters from Ambassador Bridge, will reopen when it’s safe
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Sources: Man found stabbed to death at Wawa in South Philadelphia
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'GST collection will fall...': SIAM president on need for auto sector stimulus
Speaking during the inaugural episode of the new M... moreSpeaking during the inaugural episode of the new Mint webinar - Pivot Or Perish - aimed at decoding the economic impact of the Covid-19 pandemic, Rajan Wadhera, president of the Society of Indian Automobile Manufacturers said that the industry is in dire need of a stimulus.
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Auto industry calls for GST cut and incentives to revive growth - livemint.com - city New Delhi - India - city Mumbai
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Auto industry calls for GST cut and incentives to revive growth
NEW DELHI/MUMBAI : Top executives of India’s leading automobile firms urged the government to undertake a slew of measures, including a cut in the goods and services tax (GST) on vehicles and an incentive-based vehicle scrappage policy to aid demand recovery against the backdrop of the covid-19 pandemic.
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COVID-19
United States
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Deaths: 750 423
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Cases: 34 321 025
Deaths: 459 652
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Deaths: 608 235
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Deaths: 141 607
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Deaths: 237 619
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