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States reopening not prudent as vaccination rates still low: Oxford Economics

-PTI/ The Hindu Using test positivity as guiding factor may create challenges: Oxford Economics States’ reopening strategy in the wake of a decline in COVID-19 cases is not “prudent” and might even result in a rise in infections as vaccine coverage remains low in many States, global forecasting firm Oxford Economics said on Wednesday. In a report, it also said, “we remain cautious and maintain our 2021 growth forecast at 9.1%”, pointing out...

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Policy creep: On e-commerce and overregulation risks

-The Hindu Overregulation risks retarding growth and job creation in the e-commerce sector  Barely 11 months after the Government notified the Consumer Protection (E-Commerce) Rules, 2020, the Department of Consumer Affairs has mooted a set of sweeping amendments, ostensibly “to protect the interests of consumers... and encourage free and fair competition in the market”. Among them is a norm stipulating the appointment of a chief compliance officer, a nodal contact person for...

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MPs panel seeks survey on pandemic impact on malnutrition

-The Hindu Members unhappy as officials say data is beginning to be uploaded only from June 1 A parliamentary panel on Tuesday asked the Ministry of Women and Child Development to conduct a survey on the impact of the pandemic on anganwadi services and malnutrition levels among children. The Parliamentary Standing Committee on Education, Women, Children, Youth and Sports chaired by Rajya Sabha MP Vinay Sahasrabuddhe is learnt to have grilled the officials...

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Delta plus variant of coronavirus spreading in India, 3 states report cases: Report -Harshit Sabarwal

-Hindustan Times The Union health ministry has still not classified the Delta plus variant as a ‘variant of concern’. Last week, NITI Aayog’s Dr VK Paul said the way forward is to watch for the variant’s potential presence in the country and take appropriate public health responses. As India continues to fight the second wave of the coronavirus disease (Covid-19) pandemic, it is also struggling to control the increasing spread of the...

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Prices of daily essentials spike by up to 40% -Sangeetha Chengappa

-The Hindu Business Line Hike leads to 5% increase in average monthly household spend, says report Bengaluru: Prices of daily essentials and groceries in India have risen by up to 40 per cent. Consequently, monthly average household spend on essentials and groceries has gone up by 5 per cent since the April-June quarter of 2020, reveals a report by Ratan Tata-backed retail digitisation start-up SnapBizz. The report highlights that the FMCG price inflation...

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