Postpone loan repayment: Maharashtra CM Uddhav to Center

0

Maharashtra Chief Minister Uddhav Thackeray wrote a letter to the Center, demanding that banks be asked to postpone the repayment of small, medium and other business loan installments due in the first quarter of the current fiscal year, without take no interest on it. .

He said the number of active Covid-19 cases in the state is expected to double over the next 15 days. Maharashtra expects its active workload to reach 1.19 million by April 30, up from 564,000 currently, Thackeray said Wednesday in the letter to Prime Minister Narendra Modi.

He also said medical oxygen requirements in the state are expected to reach 2,000 metric tonnes per day by the end of April compared to current consumption of 1,200 tonnes per day.

Citing logistical obstacles in transporting liquid medical oxygen from neighboring states, Thackeray requested permission under national disaster management law to transport oxygen by air from steel mills located in the east and south of the country.

Maharashtra has approached neighboring states for a supply of medical oxygen amid the Covid-19 outbreak, but they have expressed their inability due to its high demand there, Health Minister Rajesh Tope said on Wednesday.

Thackeray said on Tuesday there was a shortage of medical oxygen and the Center should help provide it to coronavirus patients in the state using Air Force planes.

In its letter to Modi, the CM welcomed the Centre’s decision to ban the export of Remdesivir and requested the authorities to grant a compulsory license, in accordance with Section 92 of the Indian Patent Act. of 1970, to facilitate the approval of exporting units to produce and sell the key antiviral drug in the domestic market without any legal obstacles.

He also called on the Center to view the Covid-19 pandemic as a natural calamity, so that the government of Maharashtra can use the State Disaster Response Fund (SDRF) to provide financial assistance to those affected.

All state laws on disaster management were developed under the central law on disaster management; Therefore, the state needs permission from the Union government to use the SDRF to help those affected by the pandemic, a government official said.

At present, floods, lightning, heavy rainfall resulting in loss of property or livelihood fall under the category of natural disasters and monetary compensation is provided to those affected.

“The Chief Minister wants to use SDRF for the same purpose, as the coronavirus outbreak has affected the incomes of thousands of people in the state. We need a legal provision to do this, which is why the state government has written to the Center, ”the official said.

Thackeray also said notification of the pandemic as a natural disaster would allow the state to pay free relief of Rs 100 per adult per day and Rs 60 per child per day during the lockdown period to those registered. under the Antyodaya Anna Yojana and Priority Household. ration card holders.

He also said that the first installment of the central SDRF share could be paid to the state to redress the financial situation resulting from the Covid-19 pandemic.

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital editor


Source link

Leave A Reply

Your email address will not be published.