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Sharpening income inequalities telling story of ‘uneven’ recovery: Subbarao
A study by the Azim Premji University has found that the one year of Covid-19 pandemic has pushed 230 million people into poverty with a 15 per cent increase in poverty rate in rural India and a 20 per cent surge in urban India,” Former RBI Governor D Subbarao said citing the findings of a study.
“Add to that CMIE data showing that the unemployment rate has gone up as high as 12 per cent in May, 10 million jobs have been lost just on account of the second wave and 97 per cent of the households in the country have experienced declines in incomes,” he added.
PM Narendra Modi calls for ‘one earth one health’ approach for pandemic at G7 summit
Sources said Modi’s call for adopting a “one earth, one health” approach received support from German Chancellor Angela Merkel.
They said Australia and several other countries came out in strong support of Modi’s call to waive patents on coronavirus vaccines to boost their production. India and South Africa have come out with the proposal at the World Trade Organisation.
G7 may reallocate $100 bln from IMF funds to COVID-ravaged nations
“The United States and our G7 partners are actively considering a global effort to multiply the impact of the proposed Special Drawing Rights (SDR) allocation to the countries most in need,” the U.S. president’s office said.
“At potentially up to $100 billion in size, the proposed effort would further support health needs – including vaccinations,” it said, adding that it would help promote a more sustained and inclusive global recovery.
Chances of 3rd wave quite real, Delhi govt preparing on war-footing: CM
Indications are coming from the UK on the fear of the third wave. Cases are rising there, despite 45 per cent of vaccination. So, we cannot afford to sit idle, he said.Kejriwal was speaking at an online event during which he jointly inaugurated 22 new PSA oxygen plants at nine hospitals across Delhi.
”These new oxygen plants at nine hospitals across Delhi being added today to strengthen our preparations to fight Covid,” he said.
GST council cuts taxes on some COVID-19 medicines and equipmen
While GST on Tocilizumab and Amphotericin B is slashed to nil from 5 per cent, the rate on Remdesivir and anti-coagulants like Heparin is lowered from 12 per cent to 5 per cent.
IMA to hold country-wide protest on June 18 against assault of doctors
The Indian Medical Association has termed ”extremely disturbing” a series of violence against doctors in the last two weeks in Assam, Bihar, West Bengal, Delhi, Uttar Pradesh, Karnataka, and other places.
It demanded the implementation of the central hospital and Health Care Professionals Protection Act with IPC and Code of Criminal Procedure (CrPC), standardization and augmentation of security in each hospital, and declaring hospitals as protected zones among others.
719 doctors have lost their lives due to coronavirus in the second wave of the COVID pandemic with Bihar recording the maximum fatalities.
CoWIN hack and data leak is baseless: Govt
Dr R S Sharma, Chairman of the Empowered Group on Vaccine Administration, has clarified that “the claims of so-called hackers on the dark web, relating to alleged hacking of the Co-WIN system and data leak, is baseless. We continue to take appropriate steps as are necessary, from time to time, to ensure that the data of the people is safe with Co-WIN.”
No substantial evidence to suggest children will be more affected in Covid third wave: Report
According to the data, mortality rates amongst these surveyed hospitalised Covid-19 positive children below the age of 10 years was 2.4 per cent and about 40 per cent of the children who died had comorbidities.
Covid’s 2nd wave deadly, causing mental ailments: Gehlot
“Post-Covid side effects in people after prolonged treatment is a matter of concern for us,” he said.”It is our endeavour that such patients and families get proper treatment and counselling so that they can recover from these health problems at the earliest,” an official statement quoted Gehlot as saying.
Non-life insurers’ gross direct premium rises 11 pc to Rs 12,316 cr in May
The six standalone private sector health insurance companies registered a jump of 66.6 per cent in their gross premium at Rs 1,406.64 crore in May 2021, as against Rs 844.13 crore earlier.
On a cumulative basis, the gross direct premium of all the non-life insurance companies grew by 17.5 per cent to Rs 29,626 crore in April-May 2021-22, as against Rs 25,212.55 crore in the same period of the previous fiscal.