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Highlights: PM Cares Fund Trust allocates 3100 crore for fight against Covid-

Union finance minister Nirmala Sitharaman on Wednesday evening gave details of the 20 lakh crore economic stimulus package announced by Prime Minister Narendra Modi a day earlier to salvage the economy from the coronavirus pandemic induced crisis.

By HT Correspondent | Updated: May 14, 2020 01:38 IST
Highlights: PM Cares Fund Trust allocates ₹3100 crore for fight against Covid-
ANI File

Union finance minister Nirmala Sitharaman on Wednesday gave details of the first part of the 20 lakh crore economic stimulus package that was announced by Prime Minister Narendra Modi on Tuesday to salvage the economy from the coronavirus pandemic induced crisis. Wednesday's announcements were about the MSME sector and highlights included changing the definition of MSMEs, 3 lakh crore collateral free automatic loan for businesses, including MSMEs, reducing TDS/ TCS rates on non-salary income by 25% and extending due date for filing all income tax returns to November 30, 2020.

Click here for the complete coverage of the Covid-19 pandemic

Meanwhile, several poor nations have turned to the IMF for credit. Chile has asked for $23.8 billion from the IMF while Zambia shall not get emergency coronavirus funding as the nation’s debt will reach 110% of GDP this year. Cases continue to rise as globally 43 lakh people remain infected by Covid-19. India has recorded 74,281 cases so far with 2,415 deaths.

03:38 PM IST

Over 1100 Manipuris return to state by special train

Over 1100 stranded Manipuris returned to the state on Wednesday by a special train from Chennai, said Manipur chief minister N Biren Singh.

"1141 stranded Manipuris reached Jiribam RS from Chennai by a special train at around 12:20 pm today & have started moving by bus to their respective districts for compulsory 14 days quarantine at designated institutional & community quarantine centres, the CM said in a tweet.

03:16 PM IST

Indian High Commission in London releases flights schedule for Phase 2

The Indian High Commission in London released the schedule of flights for phase 2 of flights from UK to bring back Indians under the Vande Bharat Mission. High Commission will gradually start contacting Indian passport holders according to priority. Bookings will start closer to the date of departure.

Schedule of flights for phase 2 of #VandeBharatMission. High Commission will gradually start contacting Indian passport holders according to priority. Bookings will start closer to the date of departure: High Commission of India, London (UK)
03:11 PM IST

UP scraps multiple allowances of employees


Uttar Pradesh has decided to scrap multiple allowances given to its employees to deal with the additional financial burden following the coronavirus pandemic, reports PTI.

The state's finance department, through separate orders, scrapped the city compensatory allowance (CCA), secretariat allowance, special allowance given to different wings of the police, the special allowance paid to junior engineers in all the departments, the research, orderly and design allowance paid in the Public Works Department (PWD), along with the investigation and planning and orderly allowance paid to the officers and employees of the irrigation department and the encouragement allowance to employees for keeping Provident Fund records.

The government aims to save at least 1,500 crore a year through the move.

03:01 PM IST

Rajasthan reports 152 new Covid-19 cases, 3 deaths

Rajasthan reported 152 new Covid-19 cases and three deaths on Wednesday, as of 2 pm, according to the state health department, reports ANI.

The total number of cases in the state is now at 4,278, including 1,699 active cases, and 120 deaths.

02:30 PM IST

South Korea not to reinforce strict social distancing

Despite 119 cases being found from Seoul's nightclubs, deputy health minister Kim Gang-lip said there are no chances of bringing back social distancing rules unless daily cases cross 50. Out of the 119 new cases, most patients are below 19 years of age.

02:06 PM IST

Haryana's Covid-19 cases inch towards 800

Haryana has reported 3 more cases from Jhajjar, Rewari and Rohtak. 11 people have died so far. 783 cases have so far been recorded.

02:06 PM IST

Russia reports 10k Covid-19 cases

Russia has reported 10,028 Covid-19 cases in the past 24 hours. The nation's coronavirus response centre said 96 people died last night.

01:39 PM IST

11 people have recovered from Covid-19 in Meghalaya

Chief Minister Conrad K Sangma tweeted that 1 more patient has recovered from Covid-19 bringing the number of recovered patients to 11. 1 person have died so far.

01:10 PM IST

30,000 Indians to return home from 31 nations: Civil Aviation Minister

The civil aviation minister Hardeep Singh Puri has said that 30,000 Indians stranded across 31 nations will return home on phase 2 of the Vande Bharat mission. 149 flights have been arranged, according to PTI.

12:58 PM IST

PM discusses Covid-19 strategy, lockdown 4.0 with secretaries of EGoMs

The Prime Minister Narendra Modi is holding a meeting with the secretaries of the eleven empowered groups the government had formed to tackle the pandemic.

12:47 PM IST

Shramik trains to ply from Old Delhi Railway Station

Trains to Bhagalpur, Darbhanga and Barauni from Old Delhi plying migrants will run today.

12:44 PM IST

London mayor Sadiq Khan not ready to restart Premier League

London mayor Sadiq Khan would love to see the Premier League restart but is not ready for a restart in June. "However, with the country still in the grips of this crisis, and hundreds of people dying every day, he believes that it is too early to be discussing the resumption of the Premier League and top-flight sport in the capital," his spokesperson told the media according to Reuters.

12:47 PM IST

UK economy shrinks 2% due to Covid-19 pandemic

UK's GDP contracted by 2.0% in Q1 and the economy shrank by 2% in the first three months.

12:47 PM IST

Pakistan records 34,336 Covid-19 cases

Pakistan saw a spike of 2,255 cases of Covid-19 along with 31 deaths in the last 24 hours. Radio Pakistan, according to ANI, gave the district wise breakup of cases per province - 13,225 cases have been registered in Punjab, 12,610 in Sindh, 5,021 in Khyber Pakhtunkhwa, 2,158 in Balochistan, 759 in Islamabad, 475 in Gilgit Baltistan and 88 in Pakistan-occupied Kashmir. 737 people have died.

10:48 AM IST

Odisha cases cross 500-mark

Odisha has reported 101 fresh cases in the last 24 hours. Total cases have reached 538 in the state.

First published: May 13, 2020 06:22 IST