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Covid-19 resurgence threatens vigorous global economic growth momentum
Emerging and developing economies accounted for two thirds of global growth before the pandemic and around 86% of the world’s population. The World Bank told them just this week that they must prepare for the possibility of their recoveries losing steam.
A nascent economic revival in India — the world’s sixth largest economy — is being threatened by renewed movement curbs across provinces to stem a new wave of infections that have topped 200,000 daily for the last week.
SC wants national plan on COVID-19 situation, including on oxygen supply
The bench, also comprising Justices L N Rao and S R Bhat, said it would examine the aspect relating to power of the high courts to declare lockdown amid the pandemic.
Why India is shattering global infection records
Despite warnings and advice that precautions were needed, authorities were unprepared for the magnitude of the surge, said K Srinath Reddy, president of the Public Health Foundation of India.
Critics have pointed to the government deciding to not pause Hindu religious festivals or elections, and experts say that these may have exacerbated the surge.
“Authorities across India, without exception, put public health priorities on the back burner,” Reddy said.
Vaccinating everyone above 18 yrs to cost just 0.36% of GDP: India Ratings
”This means that the total size of the population that will now be eligible for vaccination would be 84.19 crore out of the total population of 133.26 crore,” India Ratings and Research said a note.
Assuming two doses of vaccines at Rs 400 per dose for new vaccine procurement and 5 per cent wastage, the cost for the central government will come to Rs 62,103 crore for 155.4 crore doses, it said.
The total of the two comes to Rs 67,193 crore which ”works out to be just 0.36 per cent of GDP,” it noted.
The maximum impact is likely to be on Bihar (0.60 per cent of gross state domestic product or GSDP), followed by Uttar Pradesh (0.47 per cent), Jharkhand (0.37 per cent), Manipur (0.36 per cent), Assam (0.35 per cent), Madhya Pradesh (0.30 per cent) and Odisha (0.30 per cent).
‘Beg, borrow, steal’: the fight for oxygen among New Delhi’s hospitals
“It is poor forecasting. Maybe they are not able to understand the gravity of the situation,” said Anant Bhan, an independent researcher of global health and bioethics. “This is a reminder again – we should have extra reserves of oxygen. It shows poor planning.”
Govt permits ICMR to conduct study on using drones to deliver COVID-19 vaccine
The ICMR will conduct this study in collaboration with Indian Institute of Technology (IIT) Kanpur, the ministry’s press release said.
Oxygen leak kills 22 in Indian hospital as coronavirus infections mount
The incident in the city of Nashik, one of India’s worst-hit areas, happened after the tank of gas leaked, said Rajesh Tope, the health minister of Maharashtra, the richest state, where the city is located.
France To Impose 10-Day Quarantine For Travellers From India
The move comes a few days after Paris announced a ban on all flights from Brazil to stave off the P1 coronavirus variant, and required quarantines for passengers on flights from Argentina, Chile and South Africa.
“For certain countries where the health situation is very serious and worrisome in particular, we will again tighten the screws,” Attal said after a cabinet meeting on the pandemic response.
‘Why is Centre not waking up to gravity of the situation’: Delhi HC on oxygen crisis
A bench of Justices Vipin Sanghi and Rekha Palli said responsibility to ensure oxygen supply is squarely on Central government shoulders and if necessary, entire supply of oxygen to industries including steel and petroleum can be diverted for medical usage.
Governments need to be ‘insurers of last resort’ to protect businesses from pandemic risks: Report
Jad Ariss, Managing Director, The Geneva Association, said: “It is a tragedy that businesses, particularly SMEs, have suffered so much financial loss during the pandemic as a result of the lockdowns, which were beyond their control. The public sector had to step in with multi-trillion dollar emergency relief measures. Governments and insurers must work together on how to close the massive protection gap exposed by COVID-19, with governments as the leading players.”