File photo of Finance Minister Nirmala Sitharaman. (Photographer: T. Narayan/Bloomberg)
6 years ago
Mar 13, 2020
Finance Minister Nirmala Sitharman will address a media conference shortly in New Delhi to announce to announce decisions taken at the Union Cabinet meeting today. She will be accompanied with union minister Prakash Javadekar and Piyush Goyal.
“We’ve stayed in touch with sector representatives that are impacted by coronavirus. We are discussing all relief measures being suggested,” Sitharaman said.
Finance Minister Nirmala Sitharaman said that the RBI and the government are closely watching the severe market volatility domestically and globally. She said timely steps will be taken if needed.
Union minister Prakash Javadekar has announced that the cabinet has approved a hike in the minimum selling price of copra. The MSP has been increased to Rs 9,960 from Rs 9,521.
Finance Minister Nirmala Sitharaman will address a media conference shortly in New Delhi to announce decisions taken at the Union Cabinet meeting today. She will be accompanied with union minister Prakash Javadekar and Piyush Goyal.
The press conference comes at a time of extreme market volatility and uncertainty from the coronavirus outbreak. Sitharaman is also expected to make announcements around the Yes Bank rescue and measures to provide some reprieve to the ailing telecom sector.
