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The Lockdown to Contain the Coronavirus Outbreak Has Disrupted Supply Chains

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The Lockdown to Contain the Coronavirus Outbreak Has Disrupted Supply Chains JOURNALISM OF COURAGE SINCE 1932 The lockdown to contain the coronavirus outbreak has disrupted supply chains. One crucial chain is delivery of information and insight — news and analysis that is fair and accurate and reliably reported from across a nation in quarantine. A voice you can trust amid the clanging of alarm bells. Vajiram & Ravi and The Indian Express are proud to deliver the electronic version of this morning’s edition of The Indian Express to your Inbox. You may follow The Indian Express’s news and analysis through the day on indianexpress.com DAILY FROM: AHMEDABAD,CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA JOURNALISM OF COURAGE MONDAY, JUNE 8, 2020, NEW DELHI, LATE CITY, 14 PAGES SINCE 1932 `6.00 (`8 PATNA &RAIPUR, `12 SRINAGAR) WWW.INDIANEXPRESS.COM THE EDITORIAL PAGE ARMY BRIEFS GOVT ON LAC TALKS WITH PLA Sending money Delhipreparesforlonghaul:Military, abroad: April THISISN’TBJP VERSUSCONGRESS diplomaticengagementstocontinue marks 50-month BY SONIA GANDHI PAGE 8 Officials sayconcerns conveyed; MEA As BRO seeks workersfor low at $499 mn underlines Modi-Xiagreement UNLOCKING THE Ladakh, Jharkhand asks Over 65% dip in education and travel ECONOMY marathon meeting Saturday be- expenses compared to April last year SUSHANTSINGH, tween Indian and Chinesearmy WISHLIST&ROADMAP SHUBHAJITROY commanders at the Chushul- for abetter deal for them ANEXPRESSINTERVIEWSERIES &KRISHNKAUSHIK Moldo border point, the Ministry HARIKISHANSHARMA NEWDELHI,JUNE7 of External Affairs, in astate- and sign amemorandum of NEWDELHI,JUNE7 UDAY KOTAK ment,said it “took place in acor- ABHISHEKANGAD agreement(MoU)withthe state. MANAGINGDIRECTOR, KOTAKMAHINDRABANK SIGNALLING IT wasprepared for dial and positive atmosphere”. RANCHI,JUNE7 AMay 22 communication AS COVID and the lockdown ECONOMY, PAGE 13 the long haul in itsdealings with The statementunderlined from the MinistryofHome Affairs cripple the global economyand Beijing over the faceoffalong the the “agreement between the THE JHARKHAND government to Chairman, Railway Board, ground international travel, the Atriple Line of Actual Control in eastern leaders” of the twocountries — under Chief MinisterHemant seeking 11 trains to transport amount of moneyIndians send CITY Ladakh, NewDelhiSunday said announced afterthe informal Soren has extracted acommit- 11,815 labourers from Jharkhand abroad has plunged to a whammyeffect “the twosideswill continue the summitsbetween Prime ment from Border Roads to work fortheBROinLadakhand 50-monthlow. PANEL:DOUBLING militaryand diplomatic engage- MinisterNarendraModiand Organisation (BRO) to do away other areas, setoff aseries of com- In April 2020,Indians remit- THIS DIP reflectseco- RATESUGGESTS mentstoresolvethe situation Chinese President Xi Jinping in withcontractors, recruit labour- munication betweenthe state tedjust$499.14 million under nomic distress, lock- and to ensurepeace and tran- Wuhan and Mahabalipuram — Prime MinisterNarendra ers directlyfromthe state, regis- government and BRO. the LiberalisedRemittance down at home and curbs 1LAKHCASESIN quility in the border areas”. that “peace and tranquility in the Modi with Chinese teritself under the Inter-State The statehad receivedmany Scheme (LRS) —a61% decline on overseas travel. DELHIBYJUNE-END In firstremarks afterthe CONTINUEDONPAGE2 President Xi Jinping. AP file Migrant Workmen Actnextyear, CONTINUEDONPAGE2 from $1,287.91 million in the Significantly,the cut in PAGE 4 same month lastyear,according expenses on education, to latestdataofthe ReserveBank medical treatmentand of India. maintenance of relatives The monthlyoutwardflowin mayendurebeyond the In Capital, April 2020 is lowest since travel ban. Auditor may not have February2016when it was $449.28 million. restaurants& Under LRS, resident individu- mated 2millionIndian nation- raised red flags at IL&FS als, including minors, mayremit als travel overseas everymonth. malls to open, up to $250,000per financial year The moneysent forstudies behest: forensic report forpermissible current or capi- abroad has also seen asharp de- not hotels talaccount transactions or a cline of 68.85% —$78.76million combination of both. in April this year from $252.84 it points outthe issue in an EoM Adip in outwardremittances million in the corresponding SANDEEPSINGH paragraph in the audit report. EXPRESSNEWSSERVICE wasseeninMarch 2020, too, but month lastyear. NEWDELHI,JUNE7 On May26, 2018,the then NEWDELHI,JUNE7 it plummetedthe following Over 7lakh Indian students COOofITNL, Dilip Bhatia wrote month. pursuedstudiesinforeign insti- BARELYthree months before an email to Hari Sankaran, vice MALLS,RESTAURANTSandplaces The sharpestdecline — tutions in 2018. IL&FS Group companies raninto chairman of IL&FS, informing of worship in Delhiwill be al- 71.81% —has been recordedin “Maintenance of close rela- trouble with the firstdefault on him that the auditor wasconsid- lowedtoopenfromMonday, moneysent fortravelpurposes tives” category, whichcon- August28, 2018,SRBC &CoLLC ering issuing an audit report Chief MinisterArvind Kejriwal whichcame down to $121.13 tributes the highestamount to (an armofErnstand Young),au- with an EoM paraonthe ‘going said.However, hotelsandbanquet million in April this year from total outwardremittances under ditor to IL&FS Transportation concern’issues of ITNL, asub- hallswillremainshut,astheymay $429.75 million ayear ago. LRS has recordedadecline of 50% Networks India Limited (ITNL), sidiaryofIL&FS Group. have to be converted intoCovid This is significant as an esti- CONTINUEDONPAGE2 decided to exclude notesonthe Over the next couple of days, carefacilities in the future. company’s ability to continue severalemails were exchanged The CM said on Sundaythat operations indefinitely, which in between KMPs (key manage- Delhiwasfollowingguidelinesset accounting languageisreferred ment personnel) of ITNL and OPENING TODAY by theCentre. “Following the or- TRACKING INDIA’S COVID CURVE to as agoing concern principle. IL&FS on the matter and on May ders of the central government, LOCKDOWN According to theGrant 28,Bhatia suggestedthatapres- Workers at arestaurant in New Delhi. Restaurantsinthe city will be allowedtoopenfrom the Delhi government has de- DAY CASES: RECOVERED:1,19,292 |DEATHS:6,929 Thornton forensic audit report, entation be prepared about Mondaywith onlyupto50per cent of their seatingcapacity. Praveen Khanna cidedtoopen restaurants,shop- TESTS:46,66,386 | DOUBLINGRATE:16.27** SRBC &CoLLC had earlier taken ITNL’s ability to raiseadditional ping malls, and places of worship 75 2,46,628 adecision to make suchqualifi- funds from the marketfor are- from tomorrow. Thecentral gov- cations in itsauditreportfor viewbythe auditors. ernment has issuedspecific 2017-18. Butfollowing ameet- The Grant Thornton report guidelines regardingtheopening ing withIL&FS and ITNL man- notesthat the ITNLand IL&FS Only Delhiiteswill get beds in of these placeswhichinclude agement, it did notinclude this management mayhavesuc- maintaining social distancing, in the Emphasis of Matter (EoM) ceededinconvincing the audi- wearing masks, and others. All paragraph. If an auditor decides tors since no qualifications or private, Delhi govt-run hospitals these guidelines preparedbythe it is important to draw the atten- notesinthe EoM paragraph per- expertsof thecentralgovernment KEYSTATES TOTAL SURGEIN 7-DAYAVG. DOUBLING * tion of the readers of financial tainingto‘going concern’ issue Private hospitalsthatunder- would be followedinDelhi... TOWATCH CASES 24HRS GROWTH RATE** statementstoaparticular item, CONTINUEDONPAGE2 SOURAVROYBARMAN take specialisedsurgeriestoo, BUSINESSASUSUAL “However, the government ■ Maharashtra 82,968 2,739 3.51% 20.51 NEWDELHI,JUNE7 will be exempt,hesaid. willtake acallonopeningbanquet ■ Gujarat 19,617 498 2.63% 27.36 The reservation of bedsfor BY UNNY halls later as the number of Covid Five militants killed BEDSINDelhi’s private hospitals Delhi residentswill come intoef- cases is rising, and theremight be ■ Delhi 27,654 1,320 5.87% 12.26 and in hospitals run by thestate fect as the borders of Delhi are aneedtotakeoverthe hotels and ■ Tamil Nadu 30,152 1,458 5.17% 13.92 government will be reserved for unsealedonMonday. Thispolicy banquets to convert them into ■ Bihar 4,831 233 4.44% 16.23 residentsofDelhi until the will applytoall illnesses,not just Covid care facilities,” he said. 435 6.05% in Shopian gunbattle, Covid-19pandemicsubsides, the novelcoronavirus disease. Malls in the capital plan to put ■ West Bengal 7,738 11.91 Chief Minister Arvind Kejriwal Alatenight order signedby in place car sanitising kiosks, mats *Compounded Daily Growth Rate over last 7days**Calculated over 7-daygrowth likely aHizb group said on Sunday. Delhi Health Secretary Padmini with sanitising liquid, thermal CONCERN CAUTION AGLIMMER This policy will notapplyto Singla said increasedinterstate scanners, and hand sanitisers. KARNATAKA: WEST BENGAL: MADHYA hospitals run by thecentral gov- movement would put moreload Restaurantswillbeallowedto More than 2,200 Picking up pace PRADESH: Slowest ernment —suchasthe All India on both Covid and non-Covid have onlyupto50% of their seat- cases in aweek, again. More than growth rate among ADILAKHZER InstituteofMedicalSciences (AI- hospitals in Delhi, as patientsap- ing capacity. Restaurantsinthe growing at over 2,500 cases over the top ten states SRINAGAR,JUNE7 IMS),Ram Manohar Lohia(RML) proachthem “from other parts city have so farbeenallowedto 8.5% daily the last week right now Hospital, and
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