ECONOMIC UPDATE




  • Global growth rate of 2021 is projected at 5.5% in 2021

  • India's Forex Reserve came down to $583.697 Billion 

  • Central Govt releases 5000 crore states as a loan to cure the shortfall of Goods and Service Tax through the special borrowing window. This is the 17 installment of from centre to states. The total of 1 lakh crore has been approved so far.

  • Covid-19 have claimed more over 4000 lives and more than 2 lakh new cases in last couple of days 

  • India recorded more than 14000 new covid positive cases Maharashtra was the major contributor.

  • Mumbai Police collected the fine of Rs. 31 crore from the people who do not follow the COVID-19 rules i.e not wearing masks on public places etc 

  • 200 million covid vaccine doses have been issued and proceeded through out the as on Feb 20, 2021


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