KCR's Plea for 10% Stimulus Rings True in Modi's Plan
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Follow us on: RNI No. TELENG/2018/76469 @TheDailyPioneer facebook.com/dailypioneer Established 1864 Published From ANALYSIS 7 MONEY 8 SPORTS 12 HYDERABAD DELHI LUCKNOW NOT SUCH A WONDERFUL WORLD SHARES MIXED AS COVID WHEN MS LOST BHOPAL RAIPUR CHANDIGARH WORLD ANYMORE CASES LOOM AMID REOPENINGS HIS COOL BHUBANESWAR RANCHI DEHRADUN VIJAYAWADA *LATE CITY VOL. 2 ISSUE 212 HYDERABAD, WEDNESDAY MAY 13, 2020; PAGES 12 `3 *Air Surcharge Extra if Applicable RANA DAGGUBATI INTRODUCES HIS LOVE ON TWITTER { Page 11 } www.dailypioneer.com NEW YORK CITY TO BE CLOSED INDIA HAS SHOWN LEADERSHIP IN FIGHT CYBER CRIMINALS TARGET IAS JAMES CAMERON SAYS ‘AVATAR 2' HAS TILL JUNE, DECLARES MAYOR AGAINST COVID-19: SENIOR DIPLOMAT OFFICER, RELIEVE HIM OF RS 10K ‘GOOD CHANCE' OF RELEASING ON TIME ew York City, the epicentre of the COVID-19 pandemic in the US, is ndia has shown leadership in the fight against the COVID-19 pandemic yber frauds have targeted senior IAS officer and TS Special Chief ilmmaker James Cameron is optimistic that his much-anticipated Nlikely to stay closed until June, Mayor Bill de Blasio has said, even as Iand has been on the "front foot" in helping other countries combat the CSecretary BP Acharya and swindled Rs 10,000 from his account. The Fsequel to his 2009 blockbuster "Avatar" will not be delayed by the three regions of New York State are set to reopen on May 15. disease, the country's Consul General here has said, noting that the official has lodged a complaint with the Hyderabad Cyber Crimes police. coronavirus pandemic. The filmmaker is simultaneously working on New York has been recording a decline in daily ingenuity and skills of its people will help the country's Acharya is also the Director of city-based Dr. Marri Channa Reddy multiple sequels to the film with the one first scheduled to hospitalisations, ICU admissions and fatalities but the economy to bounce back. Sandeep Chakravorty was speaking HRD Institute, which guides training institutes for civil release on December 17, 2021. Cameron told Empire mayor said such progress must continue further before during a virtual discussion organised by Indian-American servants and officials of the Government of Telangana. On Magazine that the pandemic, which has halted several officials consider reopening the city. "On the reopening, community leader Jagdish Sewhani here on India's response May 5, Acharya received an SMS informing him that his debit productions and delayed many films in its wake, has put we're clearly not ready yet. So I think it's fair to say that June to the COVID-19. “From a policy point of view, India is very card was used for a transaction of Re.1. It asked him to alert a "major crimp in our stride". "I want to get back to work is when we are potentially going to be able to make some real clear that we have to stop the virus and not let it spread" and the bank or block the card, if the transaction was not on ‘Avatar', which right now we're not allowed to do changes, if we can continue our progress," Mayor Blasio the government is undertaking all efforts to contain the virus," done by him. He soon received another SMS informing under state emergency laws or rules. So it's all on said at his daily press briefing on Monday. Chakravorty, India's Consul General in New York, said. him that Rs 10,000 was withdrawn, police said. hold right now. KCR’s plea for 10% stimulus rings true in Modi’s plan PM Modi announces Rs 20 lakh crore package, indicates lockdown 4.0 with new rules Unbottling the PNS n NEW DELHI genie: Jagan has Telengana Chief Minister K Largest stimulus lost the chance to Chandrasekhar Rao's persis- implement total tent plea for a stimulus pack- Regulated farming age measuring at least 10% of package in the world prohibition GDP finds expression in the NEW DELHI: The mega Rs 20 While the March stimulus package that Prime Minister lakh crore stimulus package was 0.8 per cent of GDP, from rainy season Narendra Modi announced announced on Tuesday by Prime on Tuesday, as part of the Minister Narendra Modi includes RBI's cut in interest rates 2 n Centre's push to revive the previously announced measures and liquidity boosting No rythu bandhu, MSP for farmers COVID-hit economy. to save the lockdown-battered measures totalled to 3.2 Modi announced massive economy, and focuses on tax who sow crops as per their wishes new financial incentives on top breaks for small businesses as per cent of the GDP of the previously announced well as incentives for domestic (about Rs 6.5 lakh crore). PNS n HYDERABAD Clear-cut instructions in packages for a combined stim- manufacturing. this regard will be given to ulus of Rs 20 lakh crore, say- The combined package works Chief Minister K seed producers and and ing the coronavirus crisis has out to roughly 10 per cent of the GDP, RBI's cut in interest rates Chandrashekhar Rao on traders. provided India an opportuni- GDP, making it among the most and liquidity boosting measures Tuesday said that a decision on The CM will interact with ty to become self-reliant and Big-ticket economic reforms in coming days, beginning substantial in the world after the totalled to 3.2 per cent of the regulatory agriculture cultiva- field-level officials in this emerge as the best in the Wednesday, Finance Minister Nirmala Sitharaman will financial packages announced by GDP (about Rs 6.5 lakh crore). tion in the State was taken regard on May 15. world. Apart from RBI assis- announce details of the special economic package. the United States, which is 13 "A special economic with the sole aim of benefitting KCR held a high-level tance, the government had per cent of its GDP, and by package is being announced — NARENDRA MODI, Prime Minister farmers. review meeting at Pragathi last month announced a Rs Japan, which is over 21 per to make India self-reliant," He wanted farmers to cul- Bhavan here on Tuesday on 1.74 lakh crore to provide cent of its GDP. The Rs 20 Modi said in his third tivate the crops suggested by change of cropping pattern benefits to the poor, including by the government so far, the States overcome the financial lakh crore package address to the nation over the government. He also and setting up of crop cash transfers, Rs 50 lakh decisions of the RBI and crisis aggravated by the lock- includes Rs 1.7 lakh COVID-19 pandemic. declared the regulatory culti- colonies. insurance cover and, steps to today's package totals to Rs 20 down since March 25. crore package of "This package, taken vation of paddy would begin It was decided that paddy ensure food security. lakh crores". KCR has been advocating free foodgrains to together with earlier No distributor was from this monsoon season. should be cultivated in a reg- About the financial package, Interestingly, this squares that the FRBM limit be poor and cash announcements The government has also ulatory manner, beginning the Prime Minister said it will with what KCR has been pitch- raised from 3% to 5% of to poor women by the willing to accept decided to set up a Seed this monsoon season. It was be around 10 percent of the ing for, right from the begn- GSDP to enable state govern- and elderly, announced in March, government during COVID crisis ‘DON’ title: Regulatory Authority and said also decided that paddy, both GDP and "will play an impor- ning. Even during the Prime ments to borrow more and as well as the Reserve Bank's and decisions taken by RBI, is to that since crops identified by fine and coarse varieties, tant role in the Atmanirbhar Minister's interaction with seek deferment of repay- liquidity measures and interest the tune of Rs 20 lakh crore, Amitabh the government would be cul- would be cultivated in the state Bharat Abhiyan' (self-reliant CMs on Monday, KCR made ment of loans taken by states rate cuts. While the March which is equivalent to almost 10 tivated, the seeds of these crops in 50 lakh acres. India campaign). He observed: a strong case for at least Rs 10 by six months. stimulus was 0.8 per cent of per cent of India's GDP." 5 would be sold henceforth. 2 "The announcements made lakh crore package to help 2 Krishna waters down KCR-Jagan bonhomie Allergic Spike in TS reflects L VENKAT RAM REDDY babu Naidu from power. That It was water that cemented the relations n HYDERABAD done, they developed and dis- between the Telugu CMs, making their give- played unusual bonhomie atishoo testing contacts of Prior to 2019 AP Assembly between them for quite long and-take policy a textbook case for what polls, Telangana Chief Minister after Jagan came to power in ought to be the sprit of federalism among K Chandrasekhar Rao and May 2019. It was water that riparian states. corona cases his Andhra Pradesh cemented the PNS n HYDERABAD counterpart YS relations Jaganmohan Reddy between the federalism among riparian Srisailam water diversion that Notwithstanding concerns 2 dead, 51 more may have initially Telugu CMs, states. KCR had confronted Jagan's raised by the Telangana High joined making their Ironically, it's the same water father, late YS Rajasekhar Court and the Centre over test positive in TS hands give-and- that is now watering down Reddy, when the founder of inadequate testing for Covid- for take poli- their hard-won bonhomie.