Govt has dropped irritants from its PLI scheme, paving way for phone-makers to ramp up production in India.
A senior executive at an industry body working with the government to restart economic activity said migrant workers were expected to return only in the second half of July. According to the data interpretation of the Indian Council of Medical Research and National Disaster Management Authority, India’s Covid-19 cases would peak around mid-July.
Indians can soon go vocal on a local version of Zoom. In line with the push towards greater self-reliance, the Centre for Development of Telematics (C-DoT) is developing a secure videoconferencing platform for use by the government and the courts.
High borrowing from the market can raise interest rates and deny credit to the private sector.
iPhone maker examining the possibility of shifting nearly a fifth of its production to India.
The Aarogya Setu app, which was developed by the government to track those with the disease and alert people about their proximity, has given rise to fears of surveillance by the state as well as the security of the personal data that a user needs to fill in after downloading it.
The official said the government would try to swiftly address supply chain hurdles, which some fear could leave retailers without stock as wholesalers in many parts of the country are unable to resume activity.
Banks are offering 10% of outstanding loans to MSMEs to help them tide over the crisis.
The telecom ministry and ministry of electronics and information technology (MeitY) are working on the first aspect, the department of personnel and training could work on the second.
The three-week lockdown on March 25 was extended to May 3 to control the coronavirus outbreak.
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