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Economic impact of COVID-19: Industry offered full support to PM Modi, says Pawan Goenka

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Prime Minister Narendra Modi on Monday interacted with industry representatives through video conference on measures to curb and mitigate the economic impact of the coronavirus pandemic on the Indian economy. The discussion involved specific issues being faced by sectors like banking, finance, hospitality, tourism, infrastructure and requested for help to overcome these challenges through financial and fiscal assistance. Industry representatives also appreciated the importance of instituting a lockdown, irrespective of economic losses, to prevent the spread of the virus, said the statement. "PM will discuss the points raised at the meeting and will come back on same soon", says Pawan Goenka, the Managing Director of Mahindra and Mahindra Limited.

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