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Indian central bank announces fresh measures amid coronavirus pandemic

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Kolkata/Himachal Pradesh/New Delhi/Bhopal, Apr 17 (EFE/EPA). The governor of the Reserve Bank of India on Friday admitted that the economic condition in the country had deteriorated during the last few weeks amid a strict nationwide lockdown, set to last at least until May 3, and announced fresh measures to boost the economy. Shaktikanta Das held a press briefing to assess the current economic situation, three days after Prime Minister Narendra Modi announced a 19-day extension of the nationwide lockdown to prevent the spread of the new coronavirus, which was initially set to last for a three-week period ending Apr. 15. "Economic activity has come to a standstill during the period of the lockdown, with consequential lingering effects which have unambiguously affected the cash flows of households and businesses," Das said, although emphasizing that India was one of the few countries projected to sustain a positive GDP growth, of 1.9 percent, this year. (Camera: PIYAL ADHIKARY / SANJAY BAID / SANJEEV GUPTA / MONCHO TORRES)FOOTAGE SHOWS AWARENESS MESSAGES AND MEASURES TAKEN AGAINST COVID-19 IN KOLKATA, HIMACHAL PRADESH, NEW DELHI AND BHOPAL, INDIA.

Added on the 17/04/2020 14:00:00 - Copyright : EFE Inglés

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