Coronavirus crisis on one side and economic slowdown on the other side.
Coronavirus crisis on one side and economic slowdown on the other side, mean the bad phase of the economy in india.It is double sided effects in the whole world. The Government of India announced a package of 1,70000 crore to help for poor, labour & farmer.Today's big news is that The Reserve Bank of india will held Press conference after some times. Reserve Bank Governor Shashikant Das is present here today. It is being awaited that due to corona, what is the Reserve Bank of India going to do to overcome this economic crisis. What is the Reserve Bank of India proclaims to control the economic situation. Earlier in March, there was a press conference of the Reserve Bank, then many types of concessions were announced by the Reserve Bank of India. Government can announce Relief declaration for rural area.In the lockdown the Important financial institutions are allowed to operate activity in rural areas. In this, cooperative societies, non-banking financial institutions, all these companies can conduct activities by following social distancing.
