Parts of a mountain collapsed Friday in the remote province of Enga. PM Modi says India ‘ready to offer all possible support and assistance’ to the country.
Amid row over PM-CARES, the finance ministry has issued a memorandum outlining the procedure by which a person or institution can contribute to the NDRF.
A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.
Speaking at the digital Off The Cuff, Gita Gopinath also said there was a lot of uncertainty around DGP forecasts, which are being revised based on ground realities. Read the full text here.
Modi govt feels states should have no problem in mobilising CSR funding since donations to states’ disaster management authorities for Covid-19 qualify as CSR.
The revenue dept under finance ministry has gone a step ahead, appealing to officials to donate a day’s salary every month until March 2021. This has added to the resentment.
A set of FAQs released by the ministry clarified that contributions to the PM CARES fund and ex-gratia payment to casual workers come under CSR spending.
With the Jan Dhan, Aadhaar, Mobile trinity, not just the Indian government can deliver coronavirus-related relief efficiently, but even citizens can help others.
Switching to LNG alone will not grant India energy security. It must be backed up by increased electrification of cooking, industrial processes, and transportation.
Aluminum prices, already rising before the conflict, have gained further as traders and buyers focus on the potential for tighter markets and shrinking global inventories.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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