The interactions coated points akin to oxygen scarcity, Covid disaster and impression on sectors
Finance Minister Nirmala Sitharaman has requested the trade to attend and look ahead to subsequent few days to evaluate the scenario arising out of the second wave of Covid-19 pandemic. “I would request the industry to watch the next few days a bit more carefully, and then assess for yourself what this quarter is going to be like,” Ms Sitharaman stated in a digital handle to the FICCI National Executive Committee members.
The Finance Minister’s interactions with the FICCI National Executive Committee coated points akin to oxygen scarcity, Covid disaster and its impression on financial sectors.
Dwelling on particular sectors, Nirmala Sitharaman stated that hospitality, aviation, journey, tourism and motels have confronted nice problem for the reason that begin of Covid-19 pandemic. “We have extended the Emergency Credit Line Guarantee Scheme (ECGLS 2.0) for these sectors and I will ensure the efficiency with which it was performing last year shall perform even for the aviation and tourism sector,” the Finance Minister stated.
Speaking on the oxygen provide, Ms Sitharaman stated that the provision has been very neatly mapped and new permissions have been given significantly for the hard-stressed 12 states (Delhi, Maharashtra, UP, Chhattisgarh, MP, Gujarat, Rajasthan, Punjab, Haryana, Karnataka, Tamil Nadu and Kerala).
The provide is being monitored at district stage together with evaluations that are being undertaken and for subsequent 15 days they are going to be intently monitored.
Elaborating on the augmented pharma capability, Ms Sitharaman said that steps have been taken for necessary medication; now we have given fast-track approvals for Remdesvir manufacturing.
