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Govt resumes appointment of directors in PSU general insurance companies,BBB selects 9
10 states account for 80% Covid-19 cases:PM Modi,
“Our experience so far is that containment, contact tracing and surveillance are the most effective weapons against the pandemic with experts of the view that if positive cases are identified within 72 hours of onset, then infection slows down to great extent,” prime minister Narendra Modi said.
Modi said it was a matter of satisfaction that the average fatality rate in India has been going down and noted that it has been very low compared to the world average.
With the fresh cases, India’s COVID-19 tally rose to 22.68 lakh, while the recoveries have surged to 15,83,489, pushing the recovery rate to 69.80 per cent.
81% SMEs confident of recovery post Covid, 57% have no cash reserve: Survey
As per the revised criteria,any firm with investment up to Rs 1 crore and turnover under Rs 5 crore is classified as a “micro” enterprise.
Madan Padaki, co-founder of GAME, said Covid-19 has left a devastating impact on the Indian economy, especially micro-enterprises that comprise around 99 per cent of all firms in India
Cabinet likely to take up proposal for Credit Guarantee Enhancement Corp soon
India requires an investment of whopping Rs 111 lakh crore in infrastructure over the next five years to sustain a healthy economic growth, according to the report of the Task Force on National Infrastructure Pipeline (NIP).
To meet the huge funding requirement, Credit Guarantee Enhancement Corporation would be one of the tools for mobilising funds for infrastructure development, sources said.
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