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PM Narendra Modi Announces Rs 20 Lakh Crore Special Economy Package

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Pm Modi has recently announced Rs 20 Lac Cr. Package to boost the economy which is 10% of the GDP of our country. Out of which 1.7 Lac cr. Package for food grains to poor & cash to poor women & elderly which is already announced in march As well as 6.5 lac cr. to RBI for Banking Measures & Interest Rate cut. From where the money comes from?? Lockdown from 2 months put a total loss of 4 lakh Cr. under pressure unlikely the government may achieve the disinvestment target of Rs 2.1 lakh Cr. The package of PM Modi will focus on land labour, Liquidity & Laws It will cater various sections including cottage industry, MSME's, Labourers, middle class & industries * MSMEs are worst hit by this pandemic Government will focus on self-reliant India campaign for which the trade ministry is proposing a tax holiday for companies bringing new investment as the government explore's measures to support the economy amid the corona virus pand

CHINA Claims Mount Everest as Chinese Territory

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What is the strategy of China behind these vague claims? Mount Everest is The tallest mountain on earth whereas China in their every news channels Abbrevate Mount Everest as Qomolangma from Past one month because Mount Everest is the border line between Nepal & Tibet which is acquired by china. China & Nepal had a brief border dispute before 1960 They resolved this by officialy signing a border agreement in 1961. In this agreement, it was agreed at the head of state level, that the northern side of the Mount Everest would be chinese territory and the southern side would be part of Nepalese territory. China is running expedition to measure the height of Mt. Everest in which the expedition team has send the image of Mt.Everest which is tweeted by their Media channels claiming Mt. Eeverest as Qomolangma 5G At 6500m On April 29,China (Huawei) opened the world highest 5G tower on the north side of Mt. Everest in Tibet. This mobile tower is located

Chinese citizens Wants to Sue Government of China

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Why the people of china are angry with the Xi-Jinping Government? There is a new twist in the story. As we have earlier seen that government of different countries worldwide were blaming China for corona virus and demanding compensation for it for the loss. The things have changed now the citizens of china are also against the communist party of China and want to sue the Chinese Government , whereas the residents of Wuhan are asking for help to raise their voice against government with the help of activist. The Chinese authorities are clamping down as grieving relatives along with the activists. Press the ruling Communist Party for an accounting of what went wrong in Wuhan, where the coronavirus killed thousands before spreading to the rest of China and the world.

Economic Insights of india

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Due to this outbreak there are many disparities in the economy of India. Impact of lockdown on banks We know that the entire economy is disturbed , the entire economy is going through struggle because of this nationwide lockdown. The banking system of India and the entire banking system has been in trouble due to the covid-19 and because of the worldwide economic slowdown. This results in build up of Non- Performing Assets (NPA). Disruption caused to business operations and supply chain during the lockdown period will take time to repair. Even though in this lockdown Reserve Bank of India (RBI) is continuously monitoring and concerned towards normalizing the situation for which Reserve Bank of India (RBI)   has injected fresh liquidity into the banking system and given banks leeway to deal with potential stress in loan accounts. Even though Reserve Bank of India (RBI) has reduced Repo Rate in an unusual   monetary policy committee review meeting. Also the Counte

India Pharma Companies Play vital Role in fighting against Corona virus Pandemic : Ambassador Taranjit singh

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Indian Ambassador In the US, Taranjit Singh Sandhu Said India and the USA as a global strategic partners are prepared to face this public health crisis together. Indian pharmaceutical companies are leading among the manufacturer's of Generic medicines which are affordable Low cost medicines as compare to another countries. whic will play an important role  in fighting against corona virus globally that has affected over 2.5 million of peoples around the globe, India's top diplomat has said. Ambassador Taranjit Singh Saandhu also said that as a strategic partners, India and US are prepared to face this public health crisis together. India, is one of the largest manufacturer of anti-malaria drug hydroxychloroquine,and there's increase in demand of these medicine globally Whereas India is continuously increase there production to three folds in order to full fll the demand and help other countries in fighting against this covid19 pademic. and both the authorities