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Business Executive

Migrant workers head home in coronavirus lockdown, exposed and vulnerable

Durga Prasad, 34, produced a daily life-shifting phone to his relatives dwelling in Bulandshahr (Uttar Pradesh) final Saturday to say he was headed back again dwelling as his garment production unit was closing down for the subsequent fifteen days. This was a day just before the Delhi government had declared an official lockdown in the countrywide money.

“I resigned right after my employer refused to spend me for the shutdown days,” Prasad, sitting down on a bicycle in New Delhi’s Okhla Industrial Space, tells Small business Common. “If the virus spreads further, it would go away me exposed without the

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Business Management

France Pledges $50 Billion in Aid for Businesses as Country Goes Under Lockdown

PARIS—France is promising €45 billion euros ($50.16 billion) in quick aid for organizations and personnel impacted by the coronavirus pandemic, which is slowing or shutting down swaths of the international economic system.

French Finance Minister Bruno Le Maire, speaking Tuesday morning in a radio interview, mentioned that his provisional predictions exhibit the response to the coronavirus will slash 1% from France’s gross domestic merchandise in 2020. The authorities designs to existing a revised price range law for 2020 with the new prediction afterwards Tuesday,…

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