• search
For Quick Alerts
For Daily Alerts

Finance Minister to lead task force to tackle coronavirus impact: PM Modi


New Delhi, Mar 19: Prime Minister Narendra Modi on Thursday announced a special task force to check the effects of the global pandemic coronavirus on the nation's economy and devise ways to bounce back from it.

Finance Minister to lead task force to tackle coronavirus impact: PM Modi

The task force, to be headed by Finance Minister Nirmala Sitharaman, will look at measures to limit economic hardship caused by the Covid-19 pandemic, he said in his address to the nation.

Key points made by PM Modi during coronavirus address

Sectors ranging from tourism to aviation to certain segments have been battered as countries closed borders, restricted air travel and industries went into emergency lockdowns.

"In view of the economic challenges posed by coronavirus pandemic, the government has decided to set up a Covid-19 Economic Response Task Force under Finance Minister," Modi said.

This task force, he said, will decide on steps to be taken to overcome economic hardships. He also appealed to the trading community as well as the affluent to look after the interest of their employees and not penalise them for being unable to attend work due to travel and other restrictions.

While the aviation industry has been hit hard by suspension of flights on certain sectors and travels bans, hotels and tourism sector has suffered due to cancellations.

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more