By: FE Online | Updated:May 07, 2020 11:57:37 am
India continues seeing a spike in the number of cases as it enters its fourth day of lockdown 3.0. The nationwide tally of confirmed COVID-19 cases crossed 53,045 on Thursday with many big urban centers detecting greater spread of the deadly virus infection and many healthcare professionals as well as security personnel testing positive too. Authorities also flagged a high fatality rate in some states including West Bengal, Gujarat, and Maharashtra. Meanwhile, There have been more than 3,820,869 officially recorded cases spanning 195 countries and territories globally, with the US being the worst hit.
29,000 COVID-19 cases in Maharashtra, Gujarat, Delhi
Meanwhile, in Coronavirus vaccine development news, scientists in Israel and Italy claimed to have extracted the COVID antibody to neutralize coronavirus. PM Modi also took stock on the situation and around 30 Corona vaccines are in different stages of trial in India.
Across the world, over 36.6 lakh people are infected by a coronavirus and over 2.5 lakh people died due to the COVID-19, as per details shared by Johns Hopkins University and Medicine Coronavirus Resource Center.
Coronavirus India update: No substitute for financial package
The government has provided more procedural and compliance-related relief to GST taxpayers, but experts said these measures are not a substitute for a stimulus package in the form of tax relief to help struggling businesses, especially MSMEs. Among the measures announced late on Tuesday, the government extended the e-way bill validity for the second time since the lockdown was imposed. The e-way bill generated on or before March 24 and expiring during the March 20-April 15 period would now be valid till May 31. This is likely to help trucks stuck en route to reach their destinations.