‘Janta curfew’ to deal with corona, government lockdowns itself

Covid-19 has taken over 10,000 lives and has infected more than 2 lakh people across the world. As many as 19 nations have announced rescue packages to companies hit by COVID-19, so far

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NH Web Desk

Covid-19 has taken over 10,000 lives and has infected more than 2 lakh people across the world.

As many as 19 nations have announced rescue packages to companies hit by COVID-19, so far

But Indian government has not announced any special package for the corona fight.

Global economies have begun to deliver a robust fiscal response to tackle the outbreak.

Nations across the world have come up with a mixture of tax incentives, loan guarantees, wage subsidies

Here's a list of measures taken by governments to tackle its impact on global economy:

USA

President Trump signed a spending bill of $8.3 billion to fight the pandemic

$50 billion in financial aid to states, cities, and territories.

Stimulus package of $1 trillion in order to fight the coronavirus-driven economic slowdown.

US navy has converted the ship's into health facilities

CHINA

China has announced various packages upto $419 billion to fight the spread

It has also spread enormously in sanitising each nook and corner

INDIA

Indian government has not announced any package for coronavirus setback

The onus has been put on people for the 'Janta curfew', but no mention of government's preparedness is made

PM told people to avoid routine health check-ups and elective surgeries

RBI has shown no concern for the corona's monetary effects

People expected to know about the extra arrangements done by the government

States like UP have only 2 testing centres, insufficient facilities are not being looked after

ITALY

Italy, which recorded over 2,500  deaths announced a rescue package of up to 25 billion euros ($28 billion)

UK

UK has sanctioned $424 billion to fight the coronavirus pandemic.

Loan guarantee to businesses threatened by the coronavirus has been announced

Most of the other countries have pledged to help the citizens on health and monetary fronts

In India, government has left the citizens with 'curfew' for protection

Salaries being already cut, government has nothing to offer but advice.

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