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    Friday, May 15, 2020

    Lockdown, Day 52: From farms to the table

    CORONAVIRUS UPDATE

    15 May, 2020 | 06:12 PM IST


    Lockdown, Day 52: From farms to the table

    After small businesses and migrants, the finance minister shifted focus to India's farmers today. The third tranche, which focused on agriculture and allied activities, included a Rs 1 lakh crore fund for agriculture infrastructure and an amendment to the Essential Commodities Act to enable better price realisation for farmers.

    In other news, Zomato will let go of 13% of its workforce and undertake up to a 50% pay cut for the rest to deal with the fallout from the pandemic.

    Track this space for latest updates...



    COUNT SO FAR
      Death toll in Delhi mounts to 123; cases climb to 8,895
      Tally breaches 1,000 mark in Karnataka with 45 new cases
      Rajasthan reports 4,688 cases; toll at 125
      Pune cases stand at 3426; toll tops 180
      102 fresh cases in Andhra; tally rises to 2307
      61 new cases in Odisha; tally reaches 672
      Indore tally up to 2,299; death toll at 98
      Bihar now has 1,005 cases
    World India
    Tally Toll Tally Toll
    44,44,670 3,02,493
    81,970 2,649
    COVID BOOSTER FINE PRINT
      Rs 10,000 cr scheme for micro food enterprises
      Rs 1 lakh cr to boost farm-gate infrastructure
      Rs 15,000 cr for dairy infrastructure
      Operation Green expanded for Rs 500 crore
      Rs 4,000 cr for promotion of herbal cultivation
      Essential Commodities Act amended

    LIFE UNDER LOCKDOWN
      SC stays Home Ministry's order on paying full wages during lockdown
      Delhi HC declines to stay levy of 70% special corona fee on liquor
      Haryana roadways bus service to resume today

    BUSINESS AND ECONOMY
      Sensex settles 25 pts lower; Nifty ends at 9,136
      Rupee settles 2 paise down at 75.58 against US dollar
      April exports down 60.28% on year, imports down 58.65%
      Sebi extends deadline for brokers to submit reports till June 3
      World Bank approves $1 billion to India
      Moody's cuts outlook for Indian power sector

    GLOBAL ECONOMY
      Foxconn's Q1 profit tumbles almost 90%
      3 million more laid off in US
      US mortgage rates hover near all-time low
      Global cost of the virus could reach $8.8 trillion
      Trump to charge tax on companies manufacturing outside US
      Portugal's economy tanks 3.9% in first quarter
      German economy shrinks 2.2% in Q1

    AROUND THE WORLD
      Germany's confirmed cases rise to 173,152; death toll at 7,824
      Russia reports 2,62,843 cases; death toll at 2,418
      United States case count rises to 1,416,528; death toll at 85,813
      Slovenia opens borders after declaring epidemic over
      Iran reports 2,102 new virus cases, highest in over month
      First case found in Rohingya refugee camp in Bangladesh

    DEBATE THIS
      Will a self-reliant India become a protectionist India? Tell us HERE


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