The COVID pandemic has resulted in one of the worst financial conditions. Manufacturing units are closed up, demand has plummeted, and job losses are seen across the sectors. The Union Finance Ministry has estimated that GDP will shrink 4.5 percent within the current year. However, hope has arisen from rural India as the agriculture sector seems to possess been relatively less stricken by the pandemic and consequent lockdown. Rural India never really went into a severe lockdown and thus harvested, procurement, and consumer activity have remained more or less identical. Thus while GDP will decline, a rate of growth of two.5 percent is projected for agriculture this yr. In 2019-20 agriculture grew by 4% due to record production of food grains supported by good rains and a recovery in ...
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“Greatly Dissatisfied”: India Raises Concern Over WHO’s Methodology To Report COVID Deaths
On Monday, India voiced serious concerns over the methodology used by the World Health Organization (WHO) to compile and publish its study on an excessive amount of deaths from all causes that were linked to COVID 19. In addition to this, India proposed that WHO be "connected to an accountability mechanism." During his talk at the 75th session of the World Health Assembly in Geneva, the minister of health for the Union, Mansukh Mandaviya, said that the World Health Organization (WHO) ignored the concerns that India and other nations had expressed about the process and the sources of data. According to India's Health Minister, the WHO ignored country-specific real data that was provided by the legal authorities of India. He reported to the World Health Assembly that the Central Co...
Read MoreRural India it won't be wrong to say that it is a home to 65% of the population residing in india, is ravaged and devastated by COVID-19 like no other region. At first, they were safe from the primary wave, because it mainly concentrated in urban areas in India. However, if we talk about those people,they began fleeing to rural areas, bringing the virus with them. If someone in a very country were to contract COVID-19, there's a high chance that there was no nearby hospital for them. 31% of rural Indians should travel over 30km to urge to those hospitals. Even once they do arrive, some don't even have doctors present or drugs available to administer, leaving it to any relatives of patients to shop for drugs while the hospital calls a doctor, and whether or not...
Read MoreEconomy May Take 12 Years To Recover From Loss Due To COVID-19: RBI Report
According to a report released by the Reserve Bank of India (RBI) on Friday i.e. 29th April, the Indian economy is likely to take more than 12 years to recover from the damage of Covid-19. In the report by RBI on 'Money and Finance for the Year 2021-22', the RBI said that the structural changes brought about by the pandemic could potentially change the growth outlook in the medium term. The report issued even said that continued thrust on capital expenditure by the government, promotion of digitization, e-commerce, start-ups, renewables and supply chain logistics can contribute to the growing opportunities for new investments. RBI further said in the report that the pre-Covid situation growth rate would have been 6.6 per cent (CAGR for 2012-13 to 2019-20) and it would have been up...
Read MoreManish Sisodia Said- “Take A Decision According To The Advisory Issued In Schools”
Coronavirus has once again started entering the lives of people in India and once again creating havoc in India. The number of increasing positive cases in India is now creating an alarming situation. And therefore the government of Delhi and the health department are worried about the increasing rate of corona infection in Delhi. The cases coming to the schools have added to this concern. On Friday, the Deputy CM of the Kejriwal government said that the guidelines state that only a specific wing or class, where someone was found infected with COVID, should be temporarily closed. Schools may also consider closing the entire campus in view of cases where even a single infected person is found. Guidelines to all private schools Directorate of Education of the Government of Delhi has...
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