Tag Covid-19 crisis
In this Finance Buddha blog, we have mentioned the factors which lead to an increase in demand for Gold Loan amidst this COVID – 19 crisis, for more detailed information, Visit Now.
The rate at which Covid-19 has pervaded in the country has already gone through the roof to tackle this (IRDA) has introduced COVID Kavach and COVID Rakshak health insurance, for more information read on to this Finance Buddha blog.
The nationwide lockdown was successful to contain the spread of the deadly virus to much extent but on the other side lockdown significantly impacted economic activities throughout the nation. The organized private sector in the country is going through major job cuts & layoffs due to the COVID-19 crisis.
The worst affected social group by the current lockdown are the labourers, and more particularly the migrant workers who had left their homes for seeking odd jobs at various places.
RBI governor Shaktikanta Das on Friday 27th March 2020 announced a cut on repo rates by 75 basis points.