Share trading should be stopped to restrict bloodbath in stock market, says TMC MP Saugata Roy in Lok Sabha
A TMC member in Lok Sabha on Friday proposed that the government close share trading in the country on account of 'bloodbath' on Dalal Street
New Delhi: A TMC member in Lok Sabha on Friday proposed that the government close share trading in the country on account of "bloodbath" on Dalal Street.
Raising the issue during Zero Hour, Saugata Roy (TMC) said there is a bloodbath in the stock market and a huge amount of investors' wealth has been wiped out.
"I have a proposal for the government. Share trading should be stopped as there is a bloodbath in the stock market," he said.
He said there was a hope of the announcement of some kind of fiscal stimulus by Prime Minister Narendra Modi in his address to the nation on Thursday.
"But he did not speak about that," Roy said, adding US President Donald Trump has announced $1 trillion fund to deal with the outbreak of coronavirus .
Intervening, Parliamentary Affairs Minister Pralhad Joshi said the prime minister has announced setting up of a COVID-19 economic response task force.
The government, he said, is taking steps to deal with the matter.
"...I do not want to politicise the issue," he said, adding, "If you want to say something, give suggestions to the government".
The task force will intervene if the situation warrants, he said and added that panic is not good.
Manish Tewari (INC) demanded an investigation into a suspected coronavirus patient committing suicide at the Safdarjung Hospital here.
He alleged that the 23-year old, who landed here from Sydney and suspected to be infected with COVID-19 , allegedly committed suicide by jumping off the seventh floor of the Safdarjung Hospital on Wednesday, soon after he was admitted to the facility here by airport authorities.
Tewari said authorities did not give proper information to his mother about his whereabouts and the family ran from one hospital to other.
He said the postmortem was also carried out only on Friday.
"I request the home minister to undertake an investigation into this incident," he said.
He said there was no circumstance for him to commit suicide if he was affected by COVID-19 .
The incident also reflects the psychological pressure being faced by people, the Congress leader said.
Scheduled commercial banks (SCBs) were carrying NPAs worth Rs 8.96 lakh crore on their balance sheet at the end of March 2020
COVID-19: India records 39,097 new cases in last 24 hrs, takes total to 3.1 crore; recovery rate at 97,3%
India's total toll due to the coroanvirus rose to 4,20,016 with 546 more deaths since Friday. The number of active cases went up by 3,464 to 4,08,977.
The travel restriction, imposed by the National Command and Operation Centre (NCOC), will be applicable from 1 August on unvaccinated people of over 18 years of age