Covid-19 is not showing any signs of loosening its grip in India. With daily cases crossing 4 lakhs and thousands of deaths, the recovery rate too is progressing slowly. The Finance Ministry’s stand is not in favor of a nation-wide lockdown.

According to epidemiologists, India needs to put a complete lockdown on all of its operations. The spread of the virus has become out of control and the country needs to get ready for the necessary medical aids like medicines, beds and oxygen. They believe that  there should be a crisis management group being formed to get the things streamlined. 

Contrary to this suggestion, the Finance Ministry is of firm opinion that our economy has learned to operate with Covid. Vaccination drive is supposed to benefit many and act as a preventive measure. 

FM Nirmala Sitharaman, PM Narendra Modi and Home Minister Amit Shah are in touch with the states to monitor the situation. The help in the form of medicines and oxygen too are constantly being monitored. 

The aim is to focus on creating containment zones rather than opting for a complete lockdown.  The finance minister made the announcement pertaining to the Indian Industry that there is no plan for a national lockdown.

The president of Federation of Indian Micro and Small & Medium Enterprises, Animesh Saxena said in a statement confirming that the Finance Miniter reached out to the industry, reassuring that the government is prepared to handle the recent surge of Covid cases.  He added that discussions will be held with FISME member associations.

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Finvestor Social Media
Krishna Rath is a SEBI Registered Investment Adviser, and since 2015 has been educating netizens on investments and insurance. Krishna is a fee only SEBI RIA and is Odisha's first SEBI RIA. With background in IT, Krishna is changing the advisory space with new innovations in AdvisoryTech.

By Finvestor Social Media

Krishna Rath is a SEBI Registered Investment Adviser, and since 2015 has been educating netizens on investments and insurance. Krishna is a fee only SEBI RIA and is Odisha's first SEBI RIA. With background in IT, Krishna is changing the advisory space with new innovations in AdvisoryTech.

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