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Modi fights pressure to lock down India as virus deaths rise
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Modi fights pressure to lock down India as virus deaths rise
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Safeguard lives : Uday Kotak calls for strongest measures to stop COVID-19
Coronavirus in India: Kotak added that even though healthcare and frontline workers are giving their best efforts, it might not be possible for them to manage the escalating caseloads
BusinessToday.In | May 3, 2021 | Updated 11:41 IST
Uday Kotak suggests ways to manage COVID-19 in India
Managing Director of Kotak Mahindra Bank and President of Confederation of Indian Industry (CII) Uday Kotak has said that strong of steps are required to curb the spread of coronavirus amid a deadly second wave. He suggested curtailing economic activity to reduce suffering. Kotak said that safeguarding lives is more important at this point.
Cap on flights too
The government has also limited the number of flights that airlines can operate within the country. “The perennial challenge ever since the pandemic happened is that the Indian government has always looked at how to regulate the supply side,” said an industry source. “But neither the government nor aviation industry bodies have looked at the demand side.
“Everybody s been working in silos… and that’s because everybody s busy addressing the procedures regulated by the government.”
Finally, a bailout?
India’s aviation sector – including travel agents - is pushing for more government aid through the Confederation of Indian Industry (CII) and Associated Chambers of Commerce of India, among other industry forums.
India s Richest Banker Urges Curtailing Activity to Stop Virus
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