Lockdown 4.0 will have new form, new rules: PM Modi

PM Modi says fight against COVID-19 has to be more focused now, economic activities will gain momentum in coming days

PM Modi says fight against COVID-19 has to be more focused now, economic activities will gain momentum in coming days

PM Modi, in a nationally televised address, noted that this package, taken together with earlier announcements by the government during the crisis and decisions taken by RBI, amounts to Rs 20 lakh crore - equivalent to nearly 10 per cent of India's GDP.

Finance Minister Nirmala Sitharaman is expected to announce an economic stimulus package worth Rs 3 lakh crore this week.

India's self-reliance will be based on five pillars - economy, infrastructure, technology driven system, vibrant demography and demand. "This is for the middle class which pays taxes and helps India's development", he added.

The CII had asked for a package of Rs 15 lakh crore, an amount it said was needed to alleviate the pain of the economy that has been in lockdown for about 50 days.

"This package will lay emphasis on land, labour, liquidity and laws", Modi said, in his fourth televised address to the nation in the last two months. Officials have understood operating procedures in a time such as this, right up to the district level, PM Modi noted. "Don't only buy local products but flaunt them too".

China warns of countermeasures to new U.S
Those visas previously didn't have to be extended unless the employee switched companies, and they were considered open-ended. On Friday, the USA announced it would only issue 90-day visas for Chinese reporters with no option of extension.

The PM said when the Covid-19 crisis started, not even a single PPE kit was manufactured in India and only a few N95 masks were available. Hence, he said, starting today, every Indian must become vocal for local.

The Prime Minister's mention of industries, employees from organised and unorganised sectors and the middle class offers some hope, but these measures are likely to be more general in nature, than to address any specific problems. "We will have to further firm up our resolve, protect ourselves and march forward", he added.

Prime Minister Narendra Modi on Monday said reduction of transmission rate of the novel coronavirus and gradual increase in public activities while adhering to all guidelines are the "twofold" challenges and now the Centre and states will have to work towards achieving the twin objectives. "So, lockdown four will be in a new form with new rules", Prime Minister Modi said while addressing the nation.

The third bout of restrictions is scheduled to end on May 17. Both Chief Ministers K Chandrasekhar Rao and E Palaniswami claimed it will undo all the gains of lockdown and the "time" for resumption of railway services hasn't come, yet.

Several CMs suggested extending the lockdown in hotspots but giving relief in non-containment zones.

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