Economy

The former Reserve Bank Governor, C. Rangarajan led high-level committee, reported that the economy of Tamil Nadu might recover within a few months. However, to achieve it, the state must create more jobs. The committee advised the state to extend rural employment programs to urban areas, amidst pandemic. The report also suggested spending another ₹5000 crores in the health care sector, as there is a huge demand.

On September 13, South Korean Government relaxed COVID restrictions in the country. The restrictions were eased ahead of Chuseok holiday on September 28. Almost all the restrictions are eased for 'Chuseok' but it will be reversed again, after two weeks. Health authorities stated that relaxation would help in reviving the economy before the lockdown resumes from September 28. Reportedly, South Korea have total infections of 22,176, with 358… read-more

According to data collected by the Industries Department, 95% of Karnataka's industries have resumed operations. Reportedly, 91% of the workforce has also returned to work. The data shows that 100% of industries in three districts - Koppal, Shivamogga, and Hassan - in the state have resumed operations completely. While food processing and personal hygiene industries are making a profit, textiles, entertainment, and hospitality industries are… read-more

Anil Baijal, Lt Governor of The Delhi Disaster Management Authority (DDMA) on August 19, gave permission to reopen hotels in the national capital. The decision comes as a part of restarting the economic activities, with weekly markets to commence on a trial basis. However, gyms are expected to remain closed. The market vendors and organizers are requested to follow the Covid-19 norms.