Lockdown intensifies: All domestic flights suspended
As Covid-19 cases in India are now growing at a fast clip — 415 at last count — and early signs of the start of community transmission emerge, India on Monday resorted to desperate steps to contain the spread of the highly contagious virus. The aviation ministry ordered suspension of domestic air travel effective Wednesday till March 31; at least three states — Maharashtra, Punjab and Kerala —came under curfew on Tuesday while others, too, resorted to curbs on assorted human activities, including restriction of public transport. On its part, the Centre asked state governments to strictly enforce lockdown and take legal action against violators.
To offer relief to businesses struggling to cope with the impact of the Covid-19 outbreak on their liquidity position, State Bank of India (SBI) has decided to extend an emergency credit line to eligible corporate borrowers and MSMEs.
