Monday 6 April 2020
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business-standard - 11 days ago

More calibrated responses from govt expected as impact of COVID-19 unfolds: SBI Chief

Terming the relief package as timely intervention, SBI Chairman Rajnish Kumar on Thursday said more calibrated responses in coming weeks expected as the impact of pandemic COVID-19 unfolds. He said the relief package announced by the Finance minister is timely, well intentioned and has combined both cash transfers and primary food requirements for the marginalised sections of the society for the next three months. Observing that the global economy is going through unprecedented times and India is no exception, he said, the nationwide lockdown was rightly enforced for the country to stay ahead of the curve in fighting the global pandemic. Today s package will now impart a definite direction to India s fight against the epidemic. Overall it s a very well defined package reinforcing government s intent that no one should be deprived of basic facilities in today s stressed times. We are hopeful of more calibrated responses in coming weeks as the impact of pandemic unfolds, he said. The .

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