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Pandemic

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IMF approves $650 billion expansion in resources to fight pandemic

IMF Managing Director Kristalina Georgieva said Friday that the new support, the largest such expansion in the history of the 190-nation lending institution, would be a shot in the arm for the world.
Eric LeCompte, executive director of the religious-affiliated development group Jubilee USA Network, said that the IMF action would allow developing countries to immediately receive more than USD200 billion in support.

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People flouting Covid protocols at tourist spots ‘serious cause of concern’, says govt

“Guidelines on vaccination for pregnant women have been issued by the ministry. Three vaccines are entitled to be used. Pregnant women should receive the vaccine then it is very important. During pregnancy, if a woman is infected with COVID-19 then its seriousness increases. Complications and chances of pre-mature delivery also increased. It can affect a woman’s health as well as the child’s. Vaccines can be given during menstruation and there is no risk of infertility,” Dr Paul said.

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Child mental health crisis ‘magnified’ by COVID, warns UN chief

“I also urge governments to take a preventive approach by addressing the determinants of mental well-being through robust social protection for children and families”, he added, saying that mental health and psychosocial support, together with community-based approaches to care, are “integral to universal health coverage. They cannot be its forgotten part.”

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11 people die of hunger each minute around globe, 155 mn in crisis: Oxfam

The humanitarian group also said that 155 million people around the world are now living in crisis levels of food insecurity or worse some 20 million more than last year. Around two thirds of them face hunger because their country is in military conflict.

Today, unrelenting conflict on top of the COVID-19 economic fallout, and a worsening climate crisis, has pushed more than 520,000 people to the brink of starvation, added Maxman.

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Economy recovering due to targeted fiscal relief, rapid vaccination: FinMin

Apart from eight relief measures announced in health and other worst affected sectors, Sitharaman announced a stimulus package for the tourism industry, which included five lakh tourist visas to be issued free of charge, once the government resumes issuance. The total financial implication of the scheme will be Rs 100 crore.

Resilient tax collections of the central government in the first two months of FY 2020-21 and sustained momentum in capital expenditure, particularly in the road and rail sector, the report said, augurs well for continued economic recovery driven by capital expenditures.

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Maharashtra, Kerala reported 53 pc of India’s total Covid cases last week; Centre expresses concern

Paul, in response to a question, said the reduction in cases were earlier sharp but now the pace of slowdown has reduced which shows that one should not take the ”situation for granted”.

”The number of cases being reported now are still one third of what was in the first peak. We have realised it too. The war is not over, the second wave is not over. It is more visible in some districts and two particular states and smaller states in the Northeast and so long it is still rising, the nation is not safe,” he said.

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