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Covid-19 relief: FM announces Rs 1.7 trn plan for poor, migrant workers

Finance Minister Nirmala Sitharaman on Thursday announced a aid deal for the lousy and migrant employees in the place in mild of the 21-working day lockdown in the place to tackle the challenge posed by the coronavirus (Covid-19) pandemic. The Prime Minister Gareeb Kalyan scheme value Rs 1.seven trillion will have two sections — cash transfer and foodstuff protection, said the Finance Minister. Covid-19 deal to take treatment of the welfare considerations of the lousy and migrant employees who have been struggling simply because of a nationwide lockdown The FM also announced a clinical insurance policies scheme for wellbeing employees. This Rs fifty lakh for each unique insurance policies plan would be relevant to all wellbeing employees that includes sanitation and ASHA employees, paramedics, doctors, nurses. Two million wellbeing employees will profit from this scheme, knowledgeable the minister.

“We do not want anyone to continue being hungry, so we will

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IRCTC jumps 12.5% on strong Q3 nos; Co announces interim dividend of Rs 10

Indian Railway Catering and Tourism Corporation (IRCTC), the lately-outlined on-line ticketing, tourism and the catering arm of railways, jumped more than 12 for each cent on Thursday, a day just after the firm posted solid established of quantities for the quarter ended December 31, 2019.

At 09:28 am, the inventory was quoting around ten for each cent larger at Rs 1,559 apiece on the BSE. It strike a high of Rs 1,596.ninety five in the early trade in opposition to prior near of Rs 1,418.ninety five. In comparison, the S&P BSE Sensex was buying and selling .fourteen for each cent reduce at 41,508 stages.

For the quarter underneath evaluation, IRCTC posted a whopping 178 for each cent year-on-year (YoY) jump in its internet earnings at Rs 206 crore in opposition to Rs seventy four crore earnings in the corresponding quarter of the prior fiscal.

Full revenue throughout the period of

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