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Friday
July 2020
11:56 PM IST
News Headlines
Missing Mayor found dead in north Seoul        Heavy rain hits scenic central Japan, more damage in south        Bikru bloodbath mastermind Vikas Dubey nabbed in MP town        NIA to probe gold smuggling case, ex-Consulate woman employee moves HC for anticipatory bail        Kerala reports biggest daily spike of 339 infections,COVID-19 tally crosses 6,500 mark        Holder wins early battle with Stokes as Windies take control        Ganguly announces cancellation of Asia Cup in September        We have asked every state to adopt one sport: Rijiju        Rupee slips 9 paise to 75.02 against USD        ICICI Bank to raise up to Rs 15,000 crore to bolster capital base        Trump threatens to cut federal aid if schools don't reopen        Pak PM urges world community to share info on COVID-19 strategies as tally rises to 239,225        Enhancing global cooperation need of the hour to effectively tackle COVID-19: Prez        Kanpur encounter: 2 policemen held for 'tipping off' gangster Vikas Dubey about police action        CBSE should explain rationale behind dropping certain chapters from curriculum: Sisodia        301 test positive in Kerala,COVID-19 tally crosses 6,000 mark        Dhoni turns 39, wishes pour in from all corners        New era for cricket as England-West Indies series begins        India''s COVID-19 tally, fatality rate per million population lowest in world: Govt        Rahul asks why no mention of Galwan Valley in MEA statement on talks        
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Kerala News
Central financial package lacks public healthcare initiatives: Kerala CM
 
Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Monday said that the five-phased financial package announcements by Union Finance Minister Nirmala Sitharaman had nothing for the public healthcare sector. During this Covid situation, a substantial public healthcare package was required,he told reporters. "Many international agencies have pointed out that the package will cost an additional Rs 1.5 lakh crore from the central budget this year. Even if we add free ration and direct cash transfer to ordinary people, it would not have been five per cent of the total package", he said.

The bulk of the Rs 20 lakh crore was the amount made available to banks as part of the RBI''s monetary policy and the amount that these banks are expected to pay to farmers and small businesses, he said. The reality is that banks are wary of giving loans during the present financial uncertainty,he said and charged that the centre had opened up most sectors for private investment while the public sector will be limited to some strategic areas. However, strengthening Public Sector Units is the Kerala Governments policy, he said. The state government had earlier announced a package for the Micro-Small and Medium-Sized (MSME) sector and this will be implemented in conjunction with central announcements,the Chief Minister said.

The government will take immediate steps to make maximum use of the credit facilities announced by the central government for MSMEs. Kerala will take full advantage of the Rs 40,000 crore increase in the budget allocation for the Mahatma Gandhi National Employment Guarantee Scheme, he said. Steps have also been initiated to utilise the additional refinance fund available to Kerala Bank and the Kerala Grameen Bank through NABARD with the Department of Agriculture, Animal Husbandry and Fisheries, Local Self Government and Self Help Groups, Vijayan said. While welcoming the increase in borrowing limit of states from three to five per cent of the GDP, he said thepre- conditions laid down by the centre, however, were not acceptable in the federal set up.

"Kerala has been in the forefront in demanding a hike in the borrowing limit of the states and we welcome this decision. But we are not happy with the conditions set for the use of the increased limits", he said. The states'' domestic revenues have fallen drastically during the Covid situation. So even if the borrowing limit was increased, it will be of limited benefit. Such preconditions are not acceptable in a federal set up, he added.


Kerala reports biggest daily spike of 339 infections,COVID-19 tally crosses 6,500 mark
Kerala reports 272 fresh cases; 68 infected through contact
Will take appropriate decision at appropriate time:Jose K Mani
Kerala reports 131 new COVID cases, 75 recoveries, 2,112 patients under treatment
Kerala govt informs HC that contract it entered with Sprinklr still exists
ousting Mani faction, a fair decision: P J Joseph
Rehana Fathima moves court for anticipatory bail
Kerala reports 150 new COVID-19 cases, tally inching towards 4000 mark
Four held for threatening actress Shamna Kasim
Kerala reports highest single day spike of 138 COVID-19 cases
Kerala CM requests Centre to resume flight services to Dubai
Why no reaction to ''China''s incursion''? Cong leader asks Kerala CM
Kerala reports 133 new COVID-19 cases, overall tally rises to 3,170
No question of apologising; Stand by my remarks: Cong Kerala chief
Kerala reports highest 118 COVID-19 cases
Kerala reports 79 COVID-19 fresh cases, tally now 2,621
Kerala CM requests Modi to change norms regarding PM CARES fund
Woman dies after she runs into glass door of bank
82 new cases, Covid tally touches 2542,death toll climbs to 20
Moderate rain likely over few places in Kerala on Sunday
ENTERTAINMENT NEWS
My whole life has been a miracle: Rajinikanth
 Mumbai: From starting out as a bus conductor to becoming one of the biggest stars of the: country,  
'Game of Thrones' star Indira Varma tests positive for coronavirus
Coronavirus: Release of Ranveer Singh-starrer '83' put on hold
'Joker' earns Joaquin Phoenix his maiden Oscar
INTERNATIONAL NEWS
Missing Mayor found dead in north Seoul
 Seoul: The Mayor of this South Korean capital was found dead at Bugaksan mountain here on Thursday,
Heavy rain hits scenic central Japan, more damage in south
Trump threatens to cut federal aid if schools don't reopen
Pak PM urges world community to share info on COVID-19 strategies as tally rises to 239,225
NATIONAL NEWS
Bikru bloodbath mastermind Vikas Dubey nabbed in MP town
 Ujjain: History-sheeter Vikas Dubey ? the prime accused for whom Uttar Pradesh Police had launched a
Enhancing global cooperation need of the hour to effectively tackle COVID-19: Prez
Kanpur encounter: 2 policemen held for 'tipping off' gangster Vikas Dubey about police action
CBSE should explain rationale behind dropping certain chapters from curriculum: Sisodia
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