New Delhi: There is news of a big relief as the country is fighting a war against the whole Corona. The Reserve Bank of India has announced Rs 50,000 crore for health services. Through it, the bank will provide easy installment loans to vaccine manufacturers, vaccine transporters and exporters. In addition, hospitals and health service providers will also benefit. RBI Governor Shaktikant Das said loans and incentives would be provided soon for the priority sector.
Addressing a press conference, Reserve Bank Governor Shaktikant Das said the economy has been hit hard by the second wave of Corona. The Reserve Bank is monitoring the situation connected with it. Big action needs to be taken against the second wave. Addressing the media, he said that the economy was recovering after the first wave of Corona but the second wave has once again created a crisis.
The Reserve Bank has given big relief to small executives. It has also announced some other types of relief. Shaktikant Das said loans and incentives would be provided soon for the priority sector. In addition, priority loans and incentives will be provided to priority sectors. In particular, the bank will also make covid bank loans.
The Reserve Bank governor further said that the government is stepping up vaccination. There are signs of recovery in the global economy. Speaking of India, the Indian economy is also coming out of the pressure. The next good monsoon is likely to boost rural demand. Manufacturing units are also seeing some momentum. The tractor segment is witnessing a boom. However, the number of auto registrations declined in April.