Coronavirus update: Modi talks of Rs 20 lakh cr special package

New set of guidelines for 4th stage of Lockdown before May 18

By DTE Staff
Published: Tuesday 12 May 2020
Narendra Modi May 12 address. Photo: YouTube

Prime Minister Narendra Modi says new set of guideliens will be introduced before May 18, 2020 for the fourth stage of country-wide lockdown.

  • Centre to provide Rs 20 lakh crore financial package to make India self-dependent amid the novel coronavirus disease (COVID-19) pandemic.
  • Says this would roughly equate 10 per cent of India’s gross domestic product. 
  • Modi talks of the necessity of bold reforms. Says they would spur business, generate investments and help ‘Make in India’.
  • Stresses on local products.
  • India’s tally of total cases positive to the novel coronavirus (SARS-CoV-2) was at 70,756 by May 12 morning, according to the Union health ministry.
  • Of them, 22,455 were cured / discharged.
  • The number of active cases: 46,008.
  • The country has recorded 2,293 deaths from the ensuing COVID-19 disease.

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