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Economic impact of 2nd COVID-19 wave likely to be muted; visible signs of eco rejuvenation: FinMin
The latest Monthly Economic Review, released by the finance ministry, said the ”robust recovery in tax collections cushions the fisc towards meeting the budgeted support to the economy”.
It also said the recent sero-prevalence results signify that India can reduce the likelihood of severe illness due to COVID-19 if the country sustains the momentum of the vaccination programme.
”Having antibodies reduces the probability of acquiring serious illnesses, as is borne by studies. So, any subsequent waves are expected to be mild in terms of severity of disease,” the ministry said in the report.
Covid-19 R-value more than 1 in 5 states, it’s cause for concern: Govt
At a press briefing on the pandemic, officials said the reproduction number or R number that indicates the speed at which COVID-19 is spreading is more than 1 in five states — Himachal Pradesh, Punjab, Gujarat, Madhya Pradesh and Uttar Pradesh — which remains a cause for concern.
Andhra Pradesh, Goa and Nagaland have their reproduction number at 1, Joint Secretary in the Union Health Ministry Lav Agarwal said.
For India, it is around 1, he said.
India advises its citizens in Afghanistan to return amid rising violence
India on track to achieve WHO-recommended doctor-population ratio: NITI Aayog member Vinod Paul
Ayushman Bharat Yojna and Jan Arogya Yojna are programmes that focus on providing all kinds of health facilities to people and are steps towards universal health coverage, making health services affordable and ensuring access to health facilities, he said.
“India is well on the path to having one doctor per thousand population by 2024, which is the World Health Organisation (WHO)-recommended doctor to population ratio and is increasing the number of beds from 11 lakh to 22 lakh,” a statement quoted Paul as saying.
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Peak Re successfully places $ 77mn Lion Rock Re II Sidecar
the confidence shown in Lion Rock Re II really shows that Hong Kong can become a hub for ILS investors. Lion Rock Re II will allow us to continue our drive towards modernising reinsurance and bringing more communities under the umbrella of protection that insurance and reinsurance provides,” said Franz Josef Hahn, Chief Executive Officer of Peak Re.
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