New Delhi: Today is the second day of lockdown in India due to the threat of Coronavirus. The number of people infected with the coronavirus has exceeded 600. An economic package may be announced to save the country from the havoc of the Coronavirus. The coronavirus is having an adverse effect on the economy. In view of this, an important announcement can be made.
Other agencies, including brokerage company UBS India and Fitch Ratings, have also lowered India’s GDP growth forecast. Meanwhile, the stock market has also risen due to the announcement of the relief package by Finance Minister Nirmala Sitharaman. Earlier on March 24, Sitharaman addressed the media. Sitharaman then informed about the steps taken by the central government for the common man.
Due to the coronavirus havoc, people have to stay indoors. In such a situation, from the jobber to the working class, they may have to face problems. Withdrawal of money from debit card from any bank’s ATM, no fee will be charged till the next three months i.e. 30 June 2020. Whereas in normal case there are charges. The minimum balance requirement is waived until June 30, 2020.