Cupboard satisfy Dwell: Union Ministers Nirmala Sitharaman, Piyush Goyal and Prakash Javadekar will brief media on the result of the cupboard conference on Friday. The press convention comes at a time when the nation is struggling with financial slowdown, coronavirus scare and Sure Lender crisis.
In accordance to Television reports, the Cupboard has cleared a draft resolution plan for hard cash-starved Sure Lender. Previous 7 days, the Reserve Lender of India (RBI) had introduced a draft plan of reconstruction for the lender, in accordance to which the strategic investor in the bank would pick up forty nine per cent stake and not reduce keeping to under 26 per cent ahead of a few decades from the day of money infusion.
The Opposition has been targetting Centre over handling of economic system and coronavirus outbreak. So much seventy three men and women ended up examined positive for COVID-19 in India. Entire world Wellness Organisation (WHO) on Wednesday had declared the coronavirus outbreak a ‘pandemic’ and expressed deep issue.
ALSO Read through: Union Cupboard clears draft resolution plan for Sure Lender revival