Stressing that economic growth will only move upwards, the Reserve Bank of India Governor Shaktikanta Das on Friday pegged the GDP growth rate for the next financial year at 10.5 per cent, though a tad lower than the government's projection of 11 per cent. The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week. The Economic Survey, tabled by the government in Parliament recently, has projected that the economy will grow at 11 per cent, up from an estimated historic decline of 7.7 per cent in 2020-21, on account of the COVID-19 pandemic.
"Though we reiterate our commitment to peace, our defence forces -- the army, the air force and the navy -- are adequately mobilised in a well-coordinated move to thwart any attempt to undermine our security. Our national interest will be protected at all costs. We have also ensured a widespread understanding in the international community of India's firm and principled stand," the President said. India and China are locked in a nearly nine-month long military standoff in eastern Ladakh.
We should be relieved that we got the doses but we must also know where they came from and who was and who was not responsible for this achievement, notes Aakar Patel.
With 57,469 patients having recuperated in a day, total recoveries have surged to 23,38,035, pushing the recovery rate to 75.27 per cent as on date.
Ensuring health insurance for all workers would be major challenge for the industry that is already grappling with cash crunch, and the government should have borne the cost.
India is losing over $10.3 billion (about Rs 75,000 crore) in taxes every year owing to global tax abuse by MNCs and evasion by private individuals, a report said on Friday. The State of Tax Justice report said globally countries are losing a total of over $427 billion in taxes each year to international corporate tax abuse and private tax evasion. This is costing countries altogether the equivalent of nearly 34 million nurses' annual salaries every year -- or one nurse's annual salary every second.
Fresh guidelines were issued by the government on Wednesday for enforcing the second phase of the coronavirus lockdown, with the Union home ministry barring all kinds of public transport and prohibiting opening of public places during this period.
The home ministry asked the state governments and UT administrations to inform it about different aspects of the lockdown and whether there are necessities to give exemptions to some more categories of people and services from the restrictions, a home ministry official said.
While the number of active COVID-19 cases stood at 6,039, as many as 515 people have been cured and discharged, and one had migrated, it said. The total number of cases include 71 foreign nationals.
With West Bengal Chief Minister Mamata Banerjee seeking a uniform vaccination policy for the country, Union Health Minister Harsh Vardhan on Friday assured her that the Modi government was firm in its resolve to help the state fight the COVID-19 pandemic, but also flagged more than 40 per cent positivity rate in some districts of the state.
Kejriwal said the AAP is not like the Congress and cannot be intimidated by the ruling party.
Maharashtra and Punjab, which are recording a surge in new COVID-19 cases, tightened curbs on Friday and the chief minister of the western state said lockdown is an option, as India added close to 40,000 cases in the biggest daily increase in nearly four months.
States and Union Territories have been given the powers for delineation of Red, Green and Orange Zones as per COVID-19 situation, the MHA said. All shops, except those in containment zones and malls, will be allowed to open from Monday with staggered timings during lockdown 4.0, it said.
According to the ministry, five states are contributing 60 per cent of the total cases with Maharashtra at the top accounting for 21.6 per cent cases, followed by Andhra Pradesh with 11.8 per cent, Tamil Nadu 11 per cent, Karnataka 9.5 per cent and Uttar Pradesh 6.3 per cent.
We must fight this global challenge confronting humanity together, Khan said on Twitter.
Singh, who headed the UPA coalition government between 2004 and 2014, turned 88 on Saturday.
Shah, 55, stated on Twitter that he has tested positive for the infection and is getting admitted to a hospital on the advice of doctors.
An overarching law governing public healthcare is a glaring gap in India's fight against the COVID-19 pandemic. In India it is left to individuals to quarantine themselves voluntarily. Moreover, the 123-year old The Epidemic Diseases Act, 1897, governs healthcare emergencies in India.
The fatality rate is down to 3.1 per cent and the recovery rate has improved to 37.5 per cent, he said.
Facing an acute shortage of COVID-19 vaccines, the Odisha government on Monday decided to float a global tender for procuring the vaccine to inoculate the states entire population, Chief Secretary S C Mohapatra said.
Millions of people across the country stayed indoors on March 22, 2020 in an unprecedented and overwhelming response to Prime Minister Narendra Modi's appeal for the nationwide curfew. People used to come out briefly at 5 pm to show their gratitude to healthcare and other essential service providers with sounds of bells, conches and claps.
FIFA faces more embarrassment after a member of its financial watchdog was arrested on suspicion of corruption and money-laundering in the Cayman Islands.
To mark the day, the BJP has asked its workers to facilitate the COVID-19 vaccination drive as it eyes record-breaking numbers on Friday.
The PMO said mass yoga demonstrations will be organised at 75 iconic locations across the country under the leadership of 75 Union ministers, with Modi attending the exercise at Mysore.
Those who believe in Kashmiriyat, insaniyat and jamhooriyat are welcome to talk, he said.
There are two ways: Deliver a rapidly growing economic pie or reform GST and close corporate tax loopholes, suggests T N Ninan.
As India reached the halfway point in the 21-day coronavirus lockdown on Saturday, some states and rail and airline operators were considering measures to relax restrictions in phases from April 15. Simultaneously, the Centre has drawn up a cluster containment strategy to contain the coronavirus pandemic within a defined geographic area by early detection of cases, breaking the chain of transmission and thus preventing its spread to new areas.
In containment areas, movements of people is totally banned and essential services are delivered at the doorsteps.
The annual Amarnath yatra to the 3,880-metre high cave shrine in the south Kashmir Himalayas will commence on June 28 and culminate, as per the tradition, on the day of Raskha Bandhan festival on August 22, officials said.
"Only 27 bodies can be kept in the KEM mortuary. But, all slots are filled with COVID-19 victims' bodies and other bodies have been kept in the corridor. There are some 15 bodies kept on stretchers on both sides of the corridor that leads to the second floor where the testing laboratory is located," KEM staffers' union leader Santosh Dhuri said. "Workers need protection kits and assurance of financial support in case of falling sick. These issues are not satisfactorily addressed by the BMC and the state government despite several reminders and agitations," he said.
International air travel of passengers has been permitted in a limited manner under the Vande Bharat mission. Further opening-up will take place in a calibrated manner.
'You will not have a vaccine for everyone initially.'
India's cumulative COVID-19 vaccination coverage was recorded at over 28.36 crore since January 16, according to the data from the Co-WIN portal.
On December 30, 2018, the prime minister had laid the foundation for the 2,312-kilometers long submarine optical fibre cable project connecting Chennai - Andaman and Nicobar Islands (CANI).
With the rise in interest rates, bond yields have been on the rise; this will dent banks' treasury profits. Also, many retail borrowers may find it difficult to service their loans when the loan rates rise, points out Tamal Bandyopadhyay.
The Union Health Ministry has said in response to a Right to Information application that it does not know where records related to agenda circulated in meetings of the National Expert Group on Vaccine Administration for COVID-19 are held.
Ola Electric became the latest among electric scooter (e-scooter) makers to have started the exercise of recalling a specific batch of its model after a rap on the knuckles by the government. Union Minister of Road Transport & Highways Nitin Gadkari on Thursday advised electric vehicle (EV) companies to act responsibly by identifying and recalling defective batches without waiting for orders or guidelines from the ministry. The Bengaluru-based start-up is conducting pre-emptive diagnostics and health check on 1,441 scooters, it said in a statement on Sunday.
A few local public transport unions have also suspended their services fearing the spread in the interiors of the state.
LNJP is an exclusive hospital with 2,000 beds dedicated to combating coronavirus.
'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'
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