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Health

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Aarogya Setu: All you need to know about govt’s Covid-19 tracker app

It calculates the user’s risk of infection based on recency and proximity of COVID-19 patient.”We understand the nature and sensitivity of the topic and have taken strong measures to ensure that your data is not compromised. Your data will be shared only with the Government of India. The app does not allow your name and number to be disclosed to the public at large at any time,” said the app.

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For 90% workers in India’s informal economy, there’s no shelter from COVID-19

From Southeast Asia to South America, the world’s 2 billion informal workers are suffering some of the earliest and most devastating effects of the coronavirus and social distancing. Yet public aid packages have so far been largely directed at formal businesses and employees. If governments like India’s want to manage Covid-19 and its economic fallout, they’ll need to act quickly to secure the health and safety of their informal workforces.Roughly 60% of the world’s working population is employed in informal enterprises. In emerging markets, such work often constitutes the bulk of economic output, including production, distribution and sales.

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29 insurers launch new standard health products, to cover Covid-19 treatment costs

Besides newly launched ‘Arogya Sanjeevani’ IRDAI has already clarified to the public, that the existing indemnity based health insurance products, that cover the treatment costs of hospitalization offered by all general and health insurance companies,also cover the costs of hospitalization treatment on account of COVID -19.

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EU states step in where trade credit insurers fear to tread

Without insurance, companies can be reluctant to buy or sell goods or services to others, with a rise in insolvencies expected among European firms forced to halt operations due to lockdowns aimed at slowing the coronavirus pandemic’s spread.

Atradius, which like rivals Coface and Euler Hermes sells protection to companies against the risk of default by their customers, forecasts a 2.1% rise in insolvencies in western Europe this year, compared with a 0.2% fall in 2019.

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