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2ZU W`C ^Zxcr Ed Gv U`Cd \Zdr .$$ / C@ !%2' !-D$(!%#' '+"!!$D$(!%#' "%&' (")$* 0'(1(012 0)3 '0+ 2,-%+ ($ @ 2 21 @ 8 12 @ 2 1 2 118 1 F1N2 GO 2 @ 2 F G H F !"" !)<""#$ )7) E 1, !"! ##%!-% +,- -../0 1 using Compensatory remaining of the 20 lakh +(,), Afforestation Management and crore package is being ree foodgrains to migrant Planning Authority (CAMPA) announced in tranches. Fworkers, working capital !"#!$%!'( funds. Sitharaman had in the first loan to street vendors, and ) !'!"''*!( Modi had on Tuesday tranche on Wednesday concessional credit to farmers %(+ announced a cumulative pack- unveiled a 5.94 lakh crore plan are parts of the Government '"+"+,-'"'+,##" age of 20 lakh crore (nearly 10 that mostly comprises of off- etail prices of several gro- mega plan to mitigate the prob- /0,(!1 + ,%!' per cent of GDP) to provide budget items such as 3 lakh Rcery items, including puls- lems of the people worst hit by #!+ relief to various segments of the crore of credit line to small es, flour (aata), edible oils, the countrywide lockdown 21!"'!(+"-$!( economy. This included 1.7 businesses as support to shad- mutton and dairy products, triggered by the coronavirus #"!-%3)440!,'( lakh crore package comprising ow banks and electricity dis- have increased across India crisis. L '!"' '!"'!(M of free food grains and cash to tributors. during the lockdown period Also to benefit of migrant -! 7)8/4/) poor for three months Off-Budget items do not due to disruption of the supply workers, the Government plans announced in March, and 5.6 result in any outgo from the chain. to allow inter-State portability 748444!(("'!% lakh crore stimulus provided Government exchequer but Pulses price have increased of ration cards under public $''!#"!%,'( through various monetary pol- these will aid in easing liquid- up to 50 per kg while prices distribution system (PDS). !$+" , icy measures by the Reserve ity constraints for businesses of edible oils has witnessed 10- Addressing a news confer- (!-%'"!%,+' Bank of India (RBI). The once the lockdown is lifted. 15 per cent increase in the past ence — her second in two days $#%+: ;$!'" two months. Even flour (aata) — Finance Minister Nirmala -!'# prices have seen an increase of Sitharaman said 8 crore <8444$#%$'"#,+ nearly 20 per cent. gram as on May 14. migrant workers will get 5 ,+' 2 ,'(+ Besides, there is a spike of Similarly, the prices of gam kilograms of grains and 1 kilo- 10-15 per cent in retail prices dal rose from 72 per kilogram gram of pulses free for two "'+' ,+'+,-+( of dairy products, butter, to 86 per kilogram; masoor months. At the same time, 50 + $$((%*'$ cheese, ghee and milk powder dal from 71 per kilogram to lakh street vendors, who have !$%+"%%! /4/) across India. Similarly, mutton 81 per kilogram; moong dal lost their means of survival by package was seen to be rela- price has increased from 550 from 90 to 115 per kilogram; the lockdown, would get a age to the migrant workers, tively small, raising doubts to 700 a kilogram. mustard oil from 124 per working capital loan of 10,000 Sitharaman said the Central he BSE Sensex plummeted about the revival of growth any There is a huge difference kilogram to 145 and the prices each to restart their activities. Government will bear 3,500 T886 points on Thursday as time soon, experts said. between the retail price of 22 of Soya oil rose from 111 per The Government will also crore cost of giving free food concerns over the efficacy of Further, global markets essential commodities put out kilogram to 121 and ground provide 2 lakh crore of con- grain and pulses while the the government’s stimulus tanked following the WHO’s by the Ministry of Consumer nut oil from 140 to 178 a kilo- cessional credit to 2.5 crore ! !# State Governments will be package and grim global cues comments that the novel coro- Affairs and neighbourhood gram. farmers through Kisan Credit responsible for implementa- hammered investor confidence. navirus “may never go away”. kirana stores. Mutton, which was being Cards. Also for post-harvest Thursday to boost the econo- measures and will boost food tion, identification of migrants After crashing over 955 Tech Mahindra was the In the local kirana stores, sold at 500-550 a kilogram, is (Rabi) and current Kharif crop my will strengthen food secu- security, credit to farmers as and full distribution. points during the day, the 30- top laggard in the Sensex pack, average pulses price have now being sold at 700-800 a requirements in May and June, rity and credit to farmers as well as street vendors,” he said. For small businesses, the share index settled 885.72 cracking 5.24 per cent, followed increased up to 40-50 a kilo- kg in meat shops while the NABARD will provide 30,000 well as street vendors. The FM also announced Minister announced a 2 per points or 2.77 per cent lower at by Infosys, HDFC, IndusInd gram. Arhar dal prices have same is being sold at 1,100 a crore additional emergency “Today’s announcements 70,000 crore boost to the cent interest subvention under 31,122.89. Similarly, the broad- Bank, Reliance Industries and increased from 90 in February kilogram through online. Some working capital funding for by FM Nirmala Sitharaman will housing sector through one- MUDRA-Shishu loans of up to er NSE Nifty tanked 240.80 NTPC. to 135-150 a kilogram. As per variety of wheat flour which farmers through rural cooper- especially benefit our farmers year extension of subsidised 50,000. This would cost the points, or 2.57 per cent, to close On the other hand, Hero the record of Ministry of was available at 24 a kilogram ative banks and regional rural and migrant workers,” the loan for affordable houses for Government 1,500 crore. For at 9,142.75. MotoCorp, L&T, Maruti, Consumer Affairs, the price of before lockdown, is now being banks. Prime Minister wrote on the middle-income group with street vendors, the working Market players were dis- UltraTech Cement and Sun Arhar dal was 93 per kilogram sold 33-35. According to the Prime Minister Narendra Twitter. an annual income of 6 lakh to capital loan would cost 5,000 appointed as the immediate Pharma led the gainers’ chart, in Delhi and neighbouring Ministry’s data, the average Modi said the announcements “The announcements 18 lakh. crore. She also announced spend out of the Government’s climbing up to 2.28 per cent. areas before lockdown, which price of atta is 26 a kilogram. made by his Government on include a series of progressive Explaining the relief pack- 6,000 crore employment push, 20 lakh crore fiscal stimulus Detailed report on P10 has surged to 106 per kilo- Continued on Page 6 !"# $ ' $"%$ & $$ ( ) entrepreneurs in the state. ble help for this,” he said. "" In his address, Yogi said that Yogi said that the MSME overall cases count which The number of Covid-19 ithin 24 hours of the workers and labourers were the sector of the state was the largest stands at 82,929. triggered deaths mounted to 49 Wannouncement of special strength and capital of the state. in India (90 lakh units) and According to reports, at the in Mumbai’s hotspot Dharavi financial package for micro, “We will utilise their labour and many of these units made prod- rate of compounded daily on Thursday, even as 33 more small and medium enterprises skills to make UP a manufac- ucts which were popular across growth in this eleven-day peri- infected cases were recorded ourteen migrant labourers (MSME) sector by the Centre, turing hub of India. This is the the country and the globe. od, the number of cases could taking the total number of Fwere killed and nearly 60 the Uttar Pradesh government best opportunity for us to do He also asked officials to rise to 1,00,000 by next positive cases in Asia’s biggest injured in two road accidents approved Rs 2,002 crore as loan away with migration,” he said. make UP a ready-made garment Wednesday, three days after the slum to 1,061. while they were on the way to to 56,754 entrepreneurs, thus “Earlier people used to hub of Asia. current phase of the lockdown While two more persons their homes in Uttar Pradesh becoming the first state to give blame governments for migra- “The only thing needed is to ends, posing a severe challenge succumbed to Covid-19 on and Bihar, police said on loans to MSMEs. tion of workers and labourers give them opportunities. During for country’s strained and over- Thursday, the authorities added Thursday. $ $ The loan amounts were from the state but now these the coronavirus pandemic, 26 aharashtra saw another burdened health system. seven more deaths reported In an early morning acci- $% transferred to the bank accounts workers would be the main new units of PPE (personal Mday of massive spike, At least 8,470 people in earlier to the total death tally in dent in Guna in Madhya ! !# of the entrepreneurs during a strength of the state. A record of protective equipment) were set reporting more than 1,600 Delhi have been infected, of Dharavi. Pradesh, eight UP-bound mega Rozgar Samaagam – an the skills of every labourer is also up in UP. There are several such cases during the day and 44 which 115 died. Continued on Page 6 migrant workers were killed and nearly 55 injured when the online loan mela - which was being prepared so that they can examples where the state has deaths, as the country contin- truck they were travelling in inaugurated by Chief Minister be given jobs,” the chief minis- excelled,” the chief minister said.
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