Sunday, May 17, 2020

Lockdown, Day 53: Reforms to reboot India

Lockdown, Day 53: Reforms to reboot India

 Round 4 of Nirmala Sitharaman's Covid package promised seamless air travel, end of coal monopoly, Make-in-India weapons and an entry for Elon Musk in Isro.

Eight sectors saw reforms in her fourth tranche, part of Modi's Rs 20 lakh crore reboot for a virus-hit economy, on a day when India surpassed China's Coronavirus case score.

Track the latest updates from the day...



COUNT SO FAR
    Maharashtra reports 29,100 cases, toll at 1,068
    Delhi reports 438 new cases, total count 9,333
    Rajasthan reports 4,924 cases, 125 casualties
    Bihar's tally reaches 1,079 with 46 fresh cases
    Indore's cases go up to 2,378, toll 99
    CISF reports 3 more cases, total count 118
    Andhra reports 2,205 cases and 49 deaths

World
India
TallyTollTallyToll
45,63,4583,08,16585,9402,752
COVID BOOSTER FINE PRINT
    Commercial mining in coal sector on revenue sharing basis
    Rs 50,000 cr allotted for coal evacuation infra
    A seamless composite exploration-mining-production regime
    A mineral index for different minerals
    FDI limit in defence manufacturing raised from 49% to 74%
    Air space to be rationalised to save flying time and fuel
    6 more airports to be auctioned for pvt participation
    Discoms in Union Territories to be privatised
    Research reactor in PPP mode for production of medical isotopes
    Boosting social infrastructurewith a total outlay of Rs 8100 cr
    Pvt firms allowed to use Isro facilities


LIFE UNDER LOCKDOWN
    24 migrants killed in road accident in UP’s Auraiya
    National Population Register 2021 postponed in UP
    MP govt declares nine districts COVID-19 free
    UP withdraws its order of 12-hour shifts for workers
    After a week, booze sale resumes in Tamil Nadu
    Railways operates 1,074 Shramik trains


BUSINESS AND ECONOMY
    Lockdown mints more than a million new stock trader
    Non-migrant workers in Delhi see income drop by at least 57%
    RIL's Rs 53,125 crore rights issue to kick off on May 20
    Tata Chemicals Q4: PAT down 48% to Rs 198 crore


GLOBAL ECONOMY
    Warren Buffett dumps most of Goldman stake
    Fitch lowers outlook on France debt rating to negative
    Italy to allow travel to and from abroad from June 3
    U.S. House passes $3 trillion coronavirus aid bill
    Virus claims another US retailer: 118-year-old J.C. Penney
    Air Canada to lay off half its workforce


AROUND THE WORLD
    US records 87,493 deaths with 14,42,924 cases
    Russia reports 9,200 new infections
    Germany cases rises to 1,73,772, toll at 7,881
    France death toll tops 27,500
    China reports 21 new cases
    Kazakhstan third in Asia to lift emergency