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Eco/Invest/Demography

With vaccinated support staff, primary schools can open: ICMR

Bhargava said children can handle viral infection much better than adults and it has also been established that they have a lower number of ace receptors to which virus attaches.
“In some countries, particularly the Scandinavian ones, they (authorities) did not shut down their primary schools during the first, second or third wave whatever (Covid) waves they had, their primary schools were always open.

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World Bank signs $125 million to support Resilient Kerala Program

The Resilient Kerala Program will focus on two key areas.

First, it will incorporate disaster risk planning in the master plans of urban and local self-governments to ease financial constraints on the state government when faced with unexpected shocks. Second, it will help make the health, water resources management, agriculture, and road sectors more resilient to calamities.

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Tax reduction, pandemic-driven cost cuts buoys India Inc net by 105% in FY21: Report

The tax cut has contributed 19 per cent to the topline of these companies during the pandemic with cement, tyre and consumer durables gaining in excess of 50 per cent, it added.

More importantly, 15 sectors led by refineries, steel, fertilisers, textiles, pharma, IT, mining, etc reduced their loan funds in the range of 6-64 per cent or to the tune of Rs 2.09 lakh crore in FY21, which again boosted their bottomline.

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Psychiatric patients at increased risk of Covid-19 hospitalisation, mortality: Study

Individuals with psychotic disorders and mood disorders, as well as patients receiving treatment with antipsychotics or anxiolytics (anxiety-reducing drugs) appeared as the most vulnerable groups for Covid-19-associated mortality. Patients with substance use disorders were also at increased risk for hospitalisation following Covid-19.

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India’s healthcare infrastructure has many gaps, adversely impacts the lives of  marginalised people : Oxfam Study

India’s healthcare infrastructure has many gaps, adversely impacts the lives of  marginalised people : Oxfam Study

Noting that 63 million people are pushed into poverty every year due to health costs, the report said 67.8 per cent of total expenditure on health in India was paid out of pocket, while the world average is just 18.2 per cent.

The availability of free medicines in public healthcare facilities has declined from 31.2 per cent to 8.9 per cent for in-patient care and from 17.8 per cent to 5.9 per cent for out-patient care over the last two decades, the report said.

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World Bank provides $185million to Jamaica in storm protection

Dr The Hon. Nigel Clarke, Minister of Finance and the Public Service, Government of Jamaica, said, “The Government of Jamaica has strategically prioritized Disaster Risk Financing to mitigate the adverse fiscal impact of tropical cyclones and natural disasters, thereby strengthening Jamaica’s economic resilience. We are pleased with the successful placement of this catastrophe bond, which adds an indispensable layer of disaster risk financing that complements our multi-layered approach. In this transaction, Jamaica benefited from the vast technical resources of the World Bank, and from the strength of its balance sheet. We are also grateful to our bilateral partners, the Governments of the United Kingdom and Germany, through the Global Risk Financing Facility, and to the United States through the United States Agency of International Development who provided financial support for the transaction.”

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