From IMTMA

Extraordinary times need extraordinary measures and the outbreak of coronavirus has presented a new challenge to the world which was already battling economic challenges.

India currently is under lockdown up to May 3, 2020, to break the chain of this virus which has added more pressure on machine tool and the manufacturing sector as well as the economy. In this scenario, it is important for us to stay connected with customers, vendors and peers through various communication channels, keep our morale and confidence level high and spearhead policy advocacy in a focused manner with government and all other stakeholders.

IMTMA is bringing you information on what countries across the world including India as well as industries are doing to combat the situation. The E-newsletter gives an insight into news, advisories, and notifications from the central and state governments in India and the best practices that Indian and global industries have adopted to combat this pandemic.

 

News Updates

 
  Two wheelers may get
'personal' fillip post Covid-19 lockdown

(ET Auto, April 14, 2020).
  RBI to step up liquidity measures
(Economic Times, April 15, 2020).
 
         
  India Inc mapping out
3-6 month strategies post lockdown
 
(Economic Times, April 15, 2020).
  COVID-19 | Gadkari holds talks
with MSME industry members

(Hindu Businessline, April 15, 2020)
 
         
  Lockdown-hit automobile dealers
in Kerala seek govt’s intervention

(Hindu Businessline, April 15, 2020).
  Global supply-chain concerns
will propel local investment in automation:
CEO, Tata Technologies

(ET Auto, April 15, 2020).
 
         
  World economy working from home
gets a glimpse of the virtual future

(Economic Times, April 15, 2020).
  Auto industry awaits local
guidelines to resume work

(Economic Times, April 16, 2020).
 
         
  Tracking India’s steps to
contain economic fallout of the virus

(Economic Times, April 16, 2020).
  Niti Aayog chief Rajiv Kumar rejects zero
growth forecast for India, expects strong
pick up after lockdown ends

(Economic Times, April 16, 2020).
 
         
  IMF backs India’s ‘proactive’ decision
of nationwide lockdown in fight
against COVID-19

(Financial Express, April 16, 2020).
  Coronavirus impact:
Health insurance, motor insurance renewal dates extended.

(Financial Express, April 14, 2020).
 
         
  New lockdown guidelines: Here's a list of economic activities that will be allowed after April 20
(Economic Times, April 16, 2020).
  China, Europe show restarting
coronavirus-hit economies not easy

(Economic Times, April 16, 2020).
 

Central Government Advisories

 
 

Reserve Bank of India

Statement by Governor of Reserve Bank of India – easing and injecting further liquidity into the financial system, specifically for benefit of micro and small enterprises as well as State Governments. Read More

     

Ministry of Home Affairs

Instructions by Union Home Secretary to all Chief Secretaries and Administrators in State Governments and Union Territories for dissemination and STRICT implementation of the comprehensive guidelines issued by Union Ministry of Home Affairs.Read More

 
             
 

Ministry of Home Affairs

List and classification of current hotspot Districts and list of non-hotspot Districts in India. Read More

     

Ministry of Home Affairs

Extension of the nationwide lockdown till 03 May 2020. Read More

 
             
 

Ministry of Home Affairs

Consolidated Revised Guidelines on measures to be taken by Government of India; State Governments; Union Territories; State and UT Authorities for containment of COVID-19 in the country. Read More

     

Ministry of Finance

Clarification in respect of certain challenges faced in the implementation of provisions of GST Laws due to COVID-19.Read More

 
 

State Government Advisories

 
 

BBMP, Government of Karnataka

BBMP has published a COVID-19 War Room Bulletin-22 dated 14-4-2020 which gives a peek into the Covid 19 spread in Bangalore.Read More

     

Commissionerate of Police, Government of Karnataka

Prohibitory order for extension of lockdown in Bengaluru city till 3 May 2020.Read More

 
             
 

Department of Revenue & Forest, Disaster Management, Government of Maharashtra

Extension of lockdown in Maharashtra till 3 May 2020. Read More

     

Government of Telangana

Telangana government in its memo has issued a detailed set of guidelines and “do’s and don’ts” and creating a mechanism in place whereby defined protocols for Containment Zones with the objective to define the likely influence zone from the house where a positive patient is there and undertake all necessary measures aimed at breaking the chain of likely transmission and thus preventing its spread to others. Read More

 
 

National Best Practices

 
 

Ministry of Finance

In pursuance to the Government’s decision vide Press Note on 8th April 2020 to issue pending income tax refunds up to Rs 5 lakh in order to help taxpayers in a COVID-19 pandemic situations, the Central Board of Direct taxes (CBDT) today said that it has already issued over 10.2 lakh refunds totalling to around Rs. 4,250 crore as on 14th April 2020. These refunds are over and above the 2.50 crore refunds already issued in FY 19-20 till 31st March 2020 totalling Rs 1.84 lakh crore. Read More

     

DRDO

The Defence Research and Development Laboratory, Hyderabad has added another product to the portfolio of the Defence Research and Development Organisation (DRDO) to combat the coronavirus by developing the ‘COVID-19 Sample Collection Kiosk’ (COVSACK). Read More

 
             
 

POWERGRID

POWERGRID, a central PSU under Ministry of Power, has not just been ensuring uninterrupted 24x7 transmission of power but also acting proactively by taking up humanitarian relief activities to aid those impacted by the pandemic in India. Read More

     

TVS

TVS SCS, a leading supply chain management services company and part of the $8.5-billion TVS group has drafted a 90-day plan from April 1 to make sure that it remains ‘agile’ and stays close to its customers; its ecosystem, and pays more attention to employees. This will give the ability to bounce back quickly and be transparent to its stakeholders. Read More

 
             
 

Hyundai Motor India

Hyundai Motor India Limited’s CSR arm Hyundai Motor India Foundation has donated Rs 5 crore to Tamil Nadu Chief Minister Relief Fund towards its contribution in the fight against coronavirus.Read More

     

Ordnance Factory Board

OFB started the production of hand sanitizers at Ordnance Factory Bhandara recently. OFB received a requirement of 13,000 litres from HLL Lifecare Limited, the nodal agency appointed by Government of India for centralised procurement.Read More

 
             
 

Ministry of Science and Technology

The Indo-U.S. Science and Technology Forum (IUSSTF), has invited Proposals for ‘Covid-19 Indo-U.S. Virtual Networks’ that would allow Indian and U.S. scientists and engineers currently engaged in Covid-related research to carry out joint research activities through a virtual mechanism, leveraging existing infrastructure and funding. Read More

     

Mahindra & Mahindra

Auto company Mahindra, under the leadership of Anand Mahindra, has stepped-up with its contribution in the fight against the COVID-19 pandemic. After developing ventilators in March, the company is now manufacturing hand sanitisers. Read More

 
             
 

Steel Authority of India Limited

SAIL has set up a Covid-19 testing lab at its Rourkela Steel Plant’s Ispat General Hospital (IGH) and readied it for sample testing. Read More

     

Voxtur Bio Limited

As per the latest list released on April 14 by Indian Council of Medical Research (ICMR), Voxtur Bio Limited is among the 16 players who have received approval from the country’s apex biomedical research body for rapid antibody test kits for coronavirus. Read More

 
 

Global Best Practices

 
 

Automobili Lamborghini

Automobili Lamborghini is providing resources and equipment from its Research and Development Department for the co-engineering and production of breathing simulators, supporting Siare Engineering International Group, Italy’s top manufacturer of ventilators, during the health emergency caused by the spread of Covid-19. Read More

     

UnCommons and Burke Construction Group

UnCommons and Burke Construction Group are delivering free meals to health care workers over the next two weeks. Read More

 
             
 

U.S. Food and Drug Administration

FDA has approved a low-cost ventilator developed at the University of Minnesota for coronavirus fight. Read More

     

General Motors and Ventec

General Motors and the medical tech company Ventec Life Systems will be able to deliver new ventilators to the Federal Emergency Management Agency this week as part of their joint effort to provide necessary supplies during the coronavirus pandemic. Read More

 
             
 

Quadpack

Quadpack is working with its global supply partners and local charities to get protective visors, masks, gloves and hand sanitiser gel to the frontlines in Europe and the US. The Quadpack Plastics injection-moulding facility in Catalonia, Spain, has adapted a mould to manufacture over 100,000 pieces for face shields. Read More

     

HP Inc.

HP is taking various steps to leverage its printing expertise to help businesses and individuals transition easily to the coronavirus-led stay-at-home era. The company recently announced a suite of free online materials — Print, Play & Learn — to support distance learning and student engagement. Read More

 
 
  Special Report       Webinar  
             
 

FICCI

FICCI Standard Operating Procedures (SOPs) for Industry Post Lockdown. Read More.

     

Video Conference on understanding Force Majeure clause in the context of COVID 19 and beyond

In the light of the current situation of COVID-19 pandemic, it is pertinent to understand the importance of ‘Force Majeure’ clauses in the present and future contracts of business.IMTMA is organizing a Video Conference on 20th April 2020 from 11.30 a.m. to 12.45 p.m. CrestLaw Partners will make a presentation. Register in advance for this meeting by clicking here.

 
 
  IMTMA Covid-19 Policy Advocacy       IMTMA Covid-19 Help Desk  
             
 

IMTMA has set up a section on Covid-19 Policy Advocacy, relevant Notifications, Press notes, Orders and Circulars issued by the Central and State governments, and the Reserve Bank of India are published on the page.

     

IMTMA is pleased to announce formation of “COVID-19 IMTMA Help Desk” for proactively addressing the concerns of Members, specifically related to COVID-19 Government Policies, Financial and Regulatory issues. Members may send their queries by clicking on “COVID-19 IMTMA Help Desk” button in IMTMA homepage www.imtma.in and filling-up the query form

 
 

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Published by Indian Machine Tool Manufacturers' Association (IMTMA), Bangalore International Exhibition Centre (BIEC), 10th Mile, Tumkur Road, Madavara post, Bangalore - 562 123. Tel.: +91 80 6624 6600  Fax: +91 80 6624 6661  E-mail: imtma@imtma.in  Web: www.imtma.in

Disclaimer: The content and figures shown in the newsletter have been taken from different websites and IMTMA does not take responsibility for the accuracy of the same.