Graded opening of economy needed to protect livelihood: Niti Aayog CEO

By: |
April 30, 2020 9:20 PM

The Centre on Wednesday gave clear indications that the ongoing nationwide lockdown will be extended beyond May 3 but with "considerable relaxations" to people and services in "many districts". 

India has been under lockdown since March 25 to combat the spread of COVID-19, which has infected more than 33,600 people in the country.

Advocating strict containment measures in ‘red zones’, Niti Aayog CEO Amitabh Kant on Thursday said the economy should kickstart with full supply chains to protect livelihood of people. The Centre on Wednesday gave clear indications that the ongoing nationwide lockdown will be extended beyond May 3 but with “considerable relaxations” to people and services in “many districts”.

“Possible Road Ahead: Hyper-localisation in Red areas with ruthless containment; 2.Physical distancing & Masks =New Fashion; 3.Virus can bounce back; 4. Look after 60+with Co-morbidity; 5.Vaccine still far away; 6.For livelihoods, economy should kickstart with full supply chains,” Kant said in a tweet.

India has been under lockdown since March 25 to combat the spread of COVID-19, which has infected more than 33,600 people in the country. More than 1,000 people have died due to the coronavirus.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Core industries’ output shrinks more in August than July; how far is India’s economic revival?
2India, Bangladesh looking to address logistics challenges for seamless movement of cargo: Smriti Irani
3Income Tax refunds issued: Taxpayers get more than Rs 1 lakh crore in first half of this fiscal