“Forward ever, backward never: onwards with Breaking Through”

Lockdown, Day 52: From farms to the table

After small businesses and migrants, the finance minister shifted focus to India's farmers today. The third tranche, which focused on agriculture and allied activities, included a Rs 1 lakh crore fund for agriculture infrastructure and an amendment to the Essential Commodities Act to enable better price realisation for farmers.

In other news, Zomato will let go of 13% of its workforce and undertake up to a 50% pay cut for the rest to deal with the fallout from the pandemic.

Track this space for latest updates...



COUNT SO FAR
    Death toll in Delhi mounts to 123; cases climb to 8,895
    Tally breaches 1,000 mark in Karnataka with 45 new cases
    Rajasthan reports 4,688 cases; toll at 125
    Pune cases stand at 3426; toll tops 180
    102 fresh cases in Andhra; tally rises to 2307
    61 new cases in Odisha; tally reaches 672
    Indore tally up to 2,299; death toll at 98
    Bihar now has 1,005 cases
World
India
Tally Toll Tally Toll
44,44,670 3,02,493
81,970 2,649
COVID BOOSTER FINE PRINT
    Rs 10,000 cr scheme for micro food enterprises
    Rs 1 lakh cr to boost farm-gate infrastructure
    Rs 15,000 cr for dairy infrastructure
    Operation Green expanded for Rs 500 crore
    Rs 4,000 cr for promotion of herbal cultivation
    Essential Commodities Act amended

LIFE UNDER LOCKDOWN
    SC stays Home Ministry's order on paying full wages during lockdown
    Delhi HC declines to stay levy of 70% special corona fee on liquor
    Haryana roadways bus service to resume today

BUSINESS AND ECONOMY
    Sensex settles 25 pts lower; Nifty ends at 9,136
    Rupee settles 2 paise down at 75.58 against US dollar
    April exports down 60.28% on year, imports down 58.65%
    Sebi extends deadline for brokers to submit reports till June 3
    World Bank approves $1 billion to India
    Moody's cuts outlook for Indian power sector

GLOBAL ECONOMY
    Foxconn's Q1 profit tumbles almost 90%
    3 million more laid off in US
    US mortgage rates hover near all-time low
    Global cost of the virus could reach $8.8 trillion
    Trump to charge tax on companies manufacturing outside US
    Portugal's economy tanks 3.9% in first quarter
    German economy shrinks 2.2% in Q1

AROUND THE WORLD
    Germany's confirmed cases rise to 173,152; death toll at 7,824
    Russia reports 2,62,843 cases; death toll at 2,418
    United States case count rises to 1,416,528; death toll at 85,813
    Slovenia opens borders after declaring epidemic over
    Iran reports 2,102 new virus cases, highest in over month
    First case found in Rohingya refugee camp in Bangladesh