Ebene Magazine – Corona is fighting the second wave: RBI Governor te


Sakshi, Mumbai: RBI Governor Shaktikanta Das is addressing the media at a time when the corona virus is on the rise in the country. The governor said the corona epidemic in the country was « very serious » and that the situation had worsened in the past month. He said that at a time when we are moving towards a strong economic recovery, we are facing a fresh crisis and now we are fighting the second wave. Shaktikant assured that the order would cater to all sections of the industry, including traders. As part of this, Kovid Healthcare is making Rs 50,000 crore available at banks with repo interest to provide infrastructure. $ 588 billion in reserve forex funds and G-Sec options will come into use.

► For the second time on May 20, Rs 35,000 crore worth of government securities were purchased. Special long-term repo operations for small finance banks. 10,000 crore at current repo rate and fresh loans up to Rs. 10 lakh per borrower. This facility till October 31,2021 నిర్దిష్ట Specific allocation for NPAs till March 2022 ► Rs 50,000 crore under one time liquidity support for emergency health care for a period of three years నిCustomer KYC update facility through video during the current crisis. No action is currently taken against users who do not update KYP. OD relief to state governments .. Extension of deadline from 36 days to 50 days

Inflation is expected to pick up with corona prevention measures. CCI inflation rose to 5.5 per cent in March from 5 per cent in February. Shaktikant Das, however, is hopeful that the prices of pulses and cooking oils will ease as the Meteorological Department expects normal rainfall to be recorded. On the other hand, according to figures released by the Union Ministry of Health, 3,82,315 new cases were reported in the last 24 hours. 3,780 deaths occurred. 3,38,439 were discharged. This brings the total number of cases to 2,06,65,148. Total recoveries: 1,69,51,731, total death toll: 2,26,188. The total number of vaccine recipients was 16,04,94,188.

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Related title :
Fighting Corona Secondwave: RBI Governor


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