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A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the coronavirus economic fallout, but the government brushed off the idea ...
[11] [12] A COVID-19 Economic Response Task Force was also formed. [13] [14] The COVID-19 Economic Response Task Force was tasked with formulating and implementing policies and measures to minimize the economic impact of the pandemic on various sectors in India. Union and state governments set up national and state helpline numbers. [15]
Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 – March 2020; Families First Coronavirus Response Act – March 2020; Coronavirus Aid, Relief, and Economic Security Act (CARES Act) – Includes $1200 stimulus checks, March 2020; Paycheck Protection Program and Health Care Enhancement Act – April 2020
In India up to 53% of businesses have specified a certain amount of impact of shutdowns caused due to coronavirus on operations, as per a FICCI survey in March. [9] By 24 April the unemployment rate had increased nearly 19% within a month, reaching 26% unemployment across India, according to the 'Centre for Monitoring Indian Economy'. [ 2 ]
The Government of Kerala had declared high alert from 4 to 8 February and then again starting 8 March 2020 due to coronavirus cases being reported in the state. [ 42 ] [ 43 ] On 9 March , collector and district magistrate of Pathanamthitta district of Kerala declared three long holiday for all educational institutions in the district.
The wealth of the 10 richest men in the world has grown so much during the coronavirus pandemic that even a one-time 99% tax on their gains would be able to pay for the production of all the COVID ...
The COVID-19 pandemic caused far-reaching economic consequences [1] including the COVID-19 recession, the second largest global recession in recent history, [2] decreased business in the services sector during the COVID-19 lockdowns, [3] the 2020 stock market crash (which included the largest single-week stock market decline since the financial ...
On 21 February 2022, Drugs Controller General of India granted approval to Biological E's COVID-19 vaccine Corbevax, that can be used for children between 12 and 18 years of age. [ 14 ] [ 15 ] On 21 October 2021, India completed administering of one billion Covid vaccines in the country.