Monday, March 1, 2021
No Result
View All Result
  • en English
  • bn বাংলা
Stories, World News & Entertainment
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Hyper loop, the future of transportation

    Hyper loop, the future of transportation

    Smartphone porn shows India at the top

    Smartphone porn shows India at the top

    Own fifth generation war aircraft project, Pakistan

    Own fifth generation war aircraft project, Pakistan

    Should Facebook give to access in our messaging to the government?

    Should Facebook give to access in our messaging to the government?

  • Entertainment
    • All
    • Movies
    • Music
    Top 10 songs this week in Billboard

    Top 10 songs this week in Billboard

    Hiding Secrets behind a smile “Joker”

    Hiding Secrets behind a smile “Joker”

  • Lifestyle
    Saiful Azam

    Living Eagle Saiful Azam is no more

    summer in uk

    This summer in Europe.

    Hyper loop, the future of transportation

    Hyper loop, the future of transportation

    Formula 1 World Championship

    Formula 1 World Championship

    New Fashion Trend: Long Sleeves and Loose Clothing Fashion Coming Soon?

    New Fashion Trend: Long Sleeves and Loose Clothing Fashion Coming Soon?

Stories, World News & Entertainment
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Hyper loop, the future of transportation

    Hyper loop, the future of transportation

    Smartphone porn shows India at the top

    Smartphone porn shows India at the top

    Own fifth generation war aircraft project, Pakistan

    Own fifth generation war aircraft project, Pakistan

    Should Facebook give to access in our messaging to the government?

    Should Facebook give to access in our messaging to the government?

  • Entertainment
    • All
    • Movies
    • Music
    Top 10 songs this week in Billboard

    Top 10 songs this week in Billboard

    Hiding Secrets behind a smile “Joker”

    Hiding Secrets behind a smile “Joker”

  • Lifestyle
    Saiful Azam

    Living Eagle Saiful Azam is no more

    summer in uk

    This summer in Europe.

    Hyper loop, the future of transportation

    Hyper loop, the future of transportation

    Formula 1 World Championship

    Formula 1 World Championship

    New Fashion Trend: Long Sleeves and Loose Clothing Fashion Coming Soon?

    New Fashion Trend: Long Sleeves and Loose Clothing Fashion Coming Soon?

Stories, World News & Entertainment
No Result
View All Result
Home World

India’s economic revival package is a mix of aimless weird moves

Faisal Ahmed by Faisal Ahmed
May 30, 2020
in World
0 0
0
india
0
SHARES
203
VIEWS
Share on FacebookShare on Twitter

Covid-19 will be marked as an unprecedented epidemic in human history. It will be known not only for health infections, but also for the level of catastrophe in the world economy. It will be known as one of the economic crises that the world has witnessed. The Great Depression of 1929 was one of the worst financial crises the world has ever faced.

However, Covid-19 has caused a lot of problems due to the uncertain fight against the unseen enemy known as coronavirus. That is why any package to revive the economy also needs a time frame for an indefinite period to offset the economic losses caused by the epidemic. Because no expert can say for sure when the health catastrophe caused by this virus will be completely eradicated.

India, The country has announced a number of policies since last March. India’s incentive package includes a number of unfamiliar issues such as allocation of funds, expansion of liquidity. India has taken some steps to overcome this crisis that other countries have not taken.

India has imposed a nationwide lockdown since January 24. There was considerable haste in this announcement, as has been made clear in a few incidents. Migrant workers are in dire straits, especially due to the sudden closure of transport. Not only are they afraid of falling prey to the disease, but they also face problems in big cities like Mumbai, Delhi, Kolkata and Chennai. Due to these reasons, the GDP growth has not only created a major negative situation, but also a terrible sign of loss of life and livelihood.

In Indian government  include providing rations to 600 million people for three months free of cost, one-time payment of Rs 1,000 to three crore poor senior retirees, and Rs 500 per month to 204 million women and floating people.

But even these small incentive activities are in question as there are plans to transfer all the money through banks. Because millions of people do not have bank accounts, they will not get this help.

Even though the loans are provided to small and medium enterprises, they will be afraid to take initiative during this recession. Again, this has created fears of increasing the bad debts of the banks.

This initiative is unlikely to succeed. Even if it works, the complications caused by the coronavirus cannot be overcome.

 

Tags: coronavirusCovid-19IndiaIndia’s economicKolkata
Previous Post

India out: Pakistan, China, Russia and Iran united for Afghan peace deal

Next Post

The capabilities of Indian Armed Forces are empty

Next Post
The capabilities of Indian Armed Forces are empty

The capabilities of Indian Armed Forces are empty

Recommended

Iran is strengthened in cyber security and attacks

Iran is strengthened in cyber security and attacks

1 year ago
Top 10 songs this week in Billboard

Top 10 songs this week in Billboard

1 year ago

Popular News

    Connect with us

    Stories, World News & Entertainment

    Copyright © 2019 washingtone. All rights reserved.

    Quick Link

    • About
    • Advertise
    • Careers
    • Contact

    Follow Us

    No Result
    View All Result
    • Home
    • Politics
    • World
    • Business
    • Science
    • Entertainment
    • Lifestyle
    • Tech

    Copyright © 2019 washingtone. All rights reserved.

    Login to your account below

    Forgotten Password?

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.