21-day complete lockdown in India; COVID-29 relief measures; Mylab starts shipping test kit

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21-day complete lockdown in India; COVID-29 relief measures; Mylab starts shipping test kit
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twitter-logo BusinessToday.In   New Delhi     Final Up to date: March 24, 2020  | 23:19 IST

Prime Minister Narendra Modi has introduced a whole lockdown of 21 days for all the nation. Finance Minister Nirmala Sitharaman introduced a slew of measures for rest of statutory and regulatory compliances amid coronavirus outbreak. Mylab is focusing on to provide 150 kits, which interprets to 15,000 exams in batch sizes of 100 exams per day, within the subsequent two days. Learn for extra high tales from the world of enterprise and economic system:

1. PM Modi fears India will probably be pushed again by 21 years if lockdown not profitable

Nationwide lockdown: PM Modi stated that if India doesn’t handle the lockdown for these 21 days then India will probably be pushed again by 21 years. He added that this lockdown is extra vital than the janta curfew

2. Rs 15,000 crore allotted for healthcare to struggle coronavirus, says PM Modi

PM Modi stated that the fund will probably be used for creating well being infrastructure within the nation, together with growing the variety of beds, testing kits, and even coaching of pros to fight the illness

3. Coronavirus aid measures: 5 key bulletins

FM Sitharaman addressed taxpayers’ considerations associated to earnings tax returns, corporates’ demand associated to compliance, GST deadline, IBC associated issues, and different associated compliances

4. Coronavirus affect: Manufacturing facility shutdowns to price auto makers Rs 2,300 crore per day

Virtually all the business has come to a standstill since Monday as the federal government has enforced curfew in a number of states and lockdown in numerous components of the nation to stop the unfold of the virus within the nation

5. Coronavirus take a look at: Mylab to roll out India-made kits instantly; Altona to start out provide subsequent week

Mylab’s director Dr Gautam Wankhede says they’re able to start out supplying as a result of they have already got “the uncooked materials and been within the molecular diagnostics manufacturing for the final three to 4 years”

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