y k y cm TRAVEL ENTHUSIAST ADAPTING TO COVID KREMLIN’S DENIAL Actor Kirti Kulhari says she is blessed to spend Chennai star hotels are welcoming guests with The Kremlin rejected accusations that time on the mountains of Himachal Pradesh new health safety standards like Russia was responsible for poisoning Navalny during the pandemic LEISURE | P2 contactless check-in TWO STATES | P7 INTERNATIONAL | P10 VOLUME 10, ISSUE 154 | www.orissapost.com BHUBANESWAR | FRIDAY, SEPTEMBER 4 | 2020 12 PAGES | `4.00 IRREGULAR by MANJUL Loan recast scheme by Sept 15 AGENCIES rebuilding businesses desperate for n Sitharaman focused on lenders help owing to Covid-19 related dis- New Delhi, Sept 3: Finance Minister RELIEF TO immediately putting in place board- tress,” the Finance Ministry said. approved policy for resolution, Nirmala Sitharaman Thursday told On August 6, the RBI had announced identifying eligible borrowers and banks in a meeting to put in place a loan a loan restructuring scheme for all BORROWERS reaching out to them and quick restructuring scheme for rescuing all implementation of a sustained types of borrowers – corporate, MSME viable business units affected by the resolution plan by lenders and personal loan segments. Covid-19 pandemic by September 15. For non-MSME account holders, such n “During her interaction, the Finance Sitharaman restructuring can be sought till December Minister focused on lenders immedi- impressed upon 31 this year, provided that the borrower Queue outside is getting the lenders that as ately putting in place board-approved should not be in default for more than Khurda beats longer since the govt and when banned PUBG policy for resolution, identifying eligible moratorium on 30 days as of March 1, 2020. The banks borrowers and reaching out to them and loan repayments is have to implement the resolution frame- quick implementation of a sustained lifted, borrowers work within 180 days of agreeing upon resolution plan by lenders for revival must be given the restructuring proposal. Ganjam in SHORT TAKES of every viable business,” the Finance support and For MSMEs, the RBI has allowed all Ministry said in a statement. Covid-19 related the three types of stressed assets to The meeting was held with the chief distress must not avail restructuring, provided their CHSE Plus II Arts executives of all scheduled commercial impact their total exposure is not more than `25 Covid caseload banks and non-banking financial com- credit worthiness crore. But for others, including MSMEs results tomorrow ` panies to “review their state of pre- with loan of more than 25 crore, re- DISTRICT NEW CASES TOTAL DEATHS Bhubaneswar: The Council of paredness for implementation of the structuring window will not be avail- Higher Secondary Education loans resolution framework for Covid- able if they fall under SMA-1 or SMA- KHURDA 722 18,881 70 (CHSE) in Odisha will 19 related stress.” tress must not impact the lenders’ as- lines stipulated by the Reserve Bank 2 categories. announce the results of Plus II The FM stressed that banks should sessment of their creditworthiness,” of India (RBI),” the ministry added. There are three types of stress assets, GANJAM 107 18,345 197 arts stream for 2019-20 at 4 keep in mind the Covid-19 related dis- the Finance Ministry said. The finance ministry is also in touch technically known as Special Mention p.m. September 5, informed tress of borrowers which should not The banks were told to put in place with the RBI to ensure that the regu- Accounts, before an account becomes POST NEWS NETWORK Reinforce Covid the State School and Mass come in the way of assessing their credit- FAQs on the debt restructuring on lator provides assistance to lenders in an NPA: SMA-0 are those in which Education Minister Samir worthiness at the time of giving loans. their websites in multiple languages. the resolution process. loan repayments have been overdue Bhubaneswar, Sept 3: mgmt, says CM Ranjan Dash Thursday. The “During the meeting, Sitharaman “The lenders assured that they are “The Finance Minister also exhorted for a period of up to 30 days, SMA-1 are Khurda district has sur- Bhubaneswar: With the contin- results will be available online impressed upon the lenders that as ready with their resolution policies, the lenders to proactively respond to the ones that have been overdue for a passed Ganjam district in re- uous rise in Covid-19 cases in on www.chseodisha.nic.in and and when moratorium on loan repay- have started the process of identifying needs of companies and businesses, period between 31 and 60 days, while porting the highest num- Khurda and Cuttack districts, www.orissaresults.nic.in. A ments is lifted, borrowers must be and reaching out to eligible borrowers, as well as those of individual borrow- SMA-2 accounts are those with a delay ber of COVID-19 cases. While Chief Minister Naveen Patnaik total of 2.18 lakh students had given support and Covid-19 related dis- and that they will comply with the time- ers, and to spearhead the efforts for of 61-90 days. the infections are rising Thursday directed concerned appeared the Plus II arts alarmingly in the state cap- officials to strengthen Covid examination this year which ital, Ganjam is currently management strategy for was held in March. However, a these two districts. Though few papers could not be held seeing a decline in the num- Twitter a/c of PM ber of cases. state’s Covid situation is due to nationwide lockdown much better than the nation- Latest data released by amid the Covid-19 outbreak Modi’s personal China funds anti-India protests al level, the management forcing the state government the state Health department strategy for Khurda and to come up with a new showed that with the addi- Cuttack need to be revised process of evaluation. website hacked INDO-ASIAN NEWS SERVICE China deploys five militia tion of 722 new COVID-19 as the cases are going up, he cases Thursday, Khurda is said while holding a high- New Delhi, Sept 3: China has paid `2.5 squads in Eastern Ladakh now the hotbed of the disease level review meeting through crore (in Nepali currency) to various in the state. As of date, the video conferencing mode. P4 Another minister organisations based in Nepal to carry out NEW DELHI: China has deployed five militia district has reported 18,881 tests Covid +ve demonstrations against India along the squads for rapid response at the disputed COVID-19 cases. On the other cently, moved towards sta- Indo-Nepal border that stretches to over Line of Actual Control in Eastern Ladakh. It hand, Ganjam reported bilisation in August. Bhubaneswar: Odisha Minister 1,700 km, intelligence agencies said. has done so to “consolidate the border” and 18,345 cases till Thursday. At the same time, of Textile and handicrafts, “Chinese Embassy in Nepal has pro- China situated atop the Kalapani Valley “stabilise Tibet region”, sources said. However, in terms of fa- Mayurbhanj and Rayagada Padmini Dian, Thursday said she vided financial support to the tune of `2.5 in Uttarakhand. The road construction “Militia is basically a reserve force of the talities owing to the infec- districts too have started has tested positive for COVID- crore (NPR) for organising anti-India was aimed at shortening travel time for Chinese's People Liberation Army. They are tion, Ganjam is still at the seeing a spike in the num- 19, and was undergoing home AGENCIES protests/demonstrations along India- pilgrims visiting the Kailash Mansarovar. deployed during war time situations and top of the chart. A total of ber of COVID-19 cases. isolation. Dian is the third Nepal border areas highlighting the re- After this, Nepal brought out a new help the PLA in its military operations,” said 197 patients died in Ganjam Meanwhile, the COVID-19 minister in the state to have New Delhi, Sept 3: Twitter cent border disputes and interferences political map showing the contested a senior government officer. The officer also so far against 70 deaths in tally in the state rose to explained that Chinese militia conducts contracted the disease. Thursday said it has fixed the ac- of India in Nepal’s internal/political area as its own. Khurda district. 1,13,411 on Thursday as 3,631 independent operations and provides com- Meanwhile, Basudevpur BJD count of Prime Minister Narendra matters,” the agencies stated. NPR India rejected the new map saying it As far as recoveries are more people tested positive MLA Bishnubrata Routray also bat support and manpower to replenish the Modi’s personal website that was stands for Nepalese Rupee. was not based on historical facts or ev- concerned, Ganjam has seen for the disease, while eight tested Covid positive Thursday. PLA. “It is an irregular mix of mountaineers, briefly hacked in the wee hours and The India-Nepal relation has been Earlier, Higher Education idence. The new political map of Nepal boxers, members of local fight clubs and 17,162 recoveries, while 12,445 fresh fatalities pushed the Minister Arun Kumar Sahoo, and tweets asking people to donate strained after China increased its in- features parts of Lipulekh, Kalapani others. Most of the members are raised patients recovered from the state’s coronavirus death Labour Minister Susant Singh Bitcoin and other cryptocurrencies fluence on the Himalayan nation. and Limpiyadhura areas which are in from the local population,” said the officer. disease in Khurda in the toll to 522, a health depart- were diagnosed with the were posted on it. It was India's road construction to Indian territory. Nepal also increased its last one month.