4 years, 10 months ago
Govt to soon announce measures to tackle coronavirus impact on industry: Nirmala Sitharaman
India TodayThe government on Tuesday reviewed the impact of the coronavirus outbreak in China on Indian industries. The minister was addressing media after meeting representatives of the industry to review the situation following the outbreak of the deadly virus in China Finance Minister Nirmala Sitharaman said a cabinet meeting will be held on Wednesday to discuss the issue in detail. The manufacturing sector urged banks to ease norms as the impact of the coronavirus outbreak in China is having a domino effect on Indian businesses. A Reuters report quoting Confederation of Indian Industries, however, said Indian business leaders are demanding import duty cuts on antibiotic drugs, mobile parts, and other essential items.
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