Govt keeping close watch on coronavirus impact: Sitharaman


New Delhi, Feb 27 (IANS): The government is keeping a close watch on the impact of the coronavirus outbreak on the Indian economy, Finance Minister Nirmala Sitharman said on Wednesday.

The government is "closely monitoring" the impact of the coronavirus outbreak on the economy, she said during a meeting of the heads of the PSU banks.

Over 2,700 people have died due to novel coronavirus 2019 (COVID-19), which broke out in China's Wuhan, while the number of those infected is around 80,000.

Earlier, the Finance Ministry invoked Force Majure clause to address the issue of contractors going in default of contract obligations on account of delays in input shipments from China on account of coronavirus. "Coronavirus should be considered as a case of natural calamity and Force Majure clause (FMC) may be invoked wherever considered appropriate following due procedure," it had said.

  

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Comment on this article

  • ayes p., kudla/ksa

    Thu, Feb 27 2020

    Are you Finance Minster or Health Minister?
    First keep eye on Delhi riot.

    DisAgree Agree [1] Reply Report Abuse

  • myna, mysuru

    Thu, Feb 27 2020

    First keep a close watch on how to retrieve the economy from its mess due to demonetisation and GST. Then a scientific approach to know the impact of CORONA Virus problem on Indian economy. GDP at 4.8% can slip to 1.5% if the approach is wrong.

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  • KRPrabhu, Bangalore

    Thu, Feb 27 2020

    Meeting on health PSU banks...
    Our intelligent FM speaks on coronvirus a subject matter of health ministry...
    This woman is serious setback for bjp govt....
    Yenchina karma marre.....

    DisAgree Agree [2] Reply Report Abuse

  • LSM, Mangalore

    Thu, Feb 27 2020

    Please Ms. Seetharaman you concentrate on the health of our economy which is on oxygen. The health minister will take care of coronavirus.

    DisAgree Agree [1] Reply Report Abuse

  • Shankar, Mangaluru

    Thu, Feb 27 2020

    My knowledge on current affairs is very poor. Is Nirmala Seetharaman our finance minister or Health minister.
    I remember her announcing the ban on e-cigarettes. i remember her reading the budget and now this!!!

    DisAgree [1] Agree [8] Reply Report Abuse

  • D'Souza, Mangalore

    Thu, Feb 27 2020

    I too have serious doubts about this woman's credibility

    DisAgree [1] Agree [5] Reply Report Abuse


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