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Amphan turns Super Cyclone, Odisha initiates evacuation

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News

  New Delhi: Cyclone ‘Amphan’ intensified into a super cyclonic storm on Monday and is likely to move across the northeast Bay of Bengal, and cross the West Bengal and Bangladesh coasts between Digha and the Hatia island on May 20, the IMD said....

Odisha, Bengal brace to fight cyclone Amphan amid Covid crisis; NDRF deployed

by AIP Online Bureau | May 17, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

  Bhubaneswar/Kolkata/New Delhi:  Personnel of the NDRF were deployed on Sunday in West Bengal and Odisha, which said it was ready to undertake massive evacuation of 11 lakh people likely to be severely hit by the cyclone 'Amphan', officials said....

Punjab staring at loss of Rs 50,000 crore due to COVID-19: Chief Minister

by AIP Online Bureau | May 17, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News

  New Delhi: Punjab is staring at a "minimum loss" of Rs 50,000 crore this year due to the ongoing COVID -19 lockdown, and Chief Minister Amarinder Singh has hinted at some "tough decisions" on taxation for revenue generation. In an interview...

12 lakh EPFO members withdraw Rs 3,360 cr retirement savings during lockdown: FM

by AIP Online Bureau | May 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

New Delhi: Finance Minister Nirmala Sitharaman on Sunday said around 12 lakh members of the Employees' Provident Fund Organisation (EPFO) withdrew Rs 3,360 crore retirement savings during the coronavirus-induced lockdown.   Earlier, on March 28, the EPFO...

COVID-19 could cost 135 mn jobs, push 120 mn people into poverty in India: Report

by AIP Online Bureau | May 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: Following the COVID-19-induced economic disruptions, up to 135 million jobs could be lost and 120 million people might be pushed back into poverty in India, all of which will have a hit on consumer income, spending and savings, according to a report...
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