The central bank unveils liquidity facility of ₹50,000 crore for access to emergency health services, and ₹10,000 crore for small finance banks’ on-lending, among a slew of measures to fight Covid-19.
The Covid-19 pandemic and the need for ventilators has brought to the fore not just India’s manufacturing prowess, but also its innovation and collaboration capabilities, says an Invest India report.
Maruti Suzuki chairman R.C. Bhargava believes India has the resilience to overcome the pandemic. He explains what India’s largest carmaker is doing to fight the virus.
Companies ranging from auto to garments and FMCG have joined hands to speed up the production of medical equipment such as masks, sanitisers, and ventilators.
The philanthropic arm of the Chandra family, Harsh Mariwala and the Marico Innovation Foundation will offer grants worth ₹2.5 crore to scale innovative ideas.
