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Coronavirus Outbreak: Government Tells States To Ensure Bank, ATM Firm Employees Can Work Freely
Here’s what experts said about the economic impact of the 21-day lockdown.
Abheek Barua, Chief Economist, HDFC Bank
MS Unnikrishnan, MD & CEO, Thermax
Niranjan Hiranandani, MD, Hiranandani Group
PM Modi said that the lockdown of 21 days is long, but is significant to save lives.
PM Modi urged citizens to not take any medication without consulting a doctor first.
PM Modi said that the government is allocating Rs 15,000 crore towards improving health infrastructure in the country.
This will go towards testing facilities, personal protective equipment, isolation beds, ICU beds and ventilators.
PM Modi has said that the government is making all efforts to ensure that essential goods and services are available during the lockdown period.
Do not leave your homes. No matter what happens, stay at home.Prime Minister Narendra Modi
Prime Minister Narendra Modi that even countries like U.S., U.K. and European countries, which have the best-in-class healthcare, are struggling to contain the virus.
Covid-19 patients unknowingly transmit the disease to others in the early days, Modi said. A single patient can infect hundreds of others in a matter of 10 days, he said.
India Lockdown Ready Reckoner: What’s Open And What’s Not
Some under the misapprehension that social distancing needed only for those who are ill. Social distancing needs to be observed by every single person.Prime Minister Narendra Modi
Prime Minister Narendra Modi said every Indian contributed with full responsibility to the self-imposed janta curfew on Sunday. “Indians showed how they can come together to fight a crisis.”
In his first address, Modi urged citizens to observe a self-imposed ‘Janta Curfew’ on Sunday. He also urged them to come out to their windows and balconies and clap to show their appreciation for the workers engaged in essential services like health.
Modi had also said that an economic task force will be set up under Finance Minister Nirmala Sitharaman which will decide on appropriate steps to mitigate the impact of the outbreak. Earlier in the day, Sitharaman unveiled a series of regulatory and compliance measures that would help in easing the burden on the industry.
You can follow Modi’s speech live here:
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