-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...
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GDP shrinks by 7.3%; Q4 uptick moderates 2020-21 carnage -Vikas Dhoot
-The Hindu On inflation, the Chief Economic Adviser said it is expected to be range-bound and should not exceed the prescribed level. India's Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office on Monday, marginally better than the 8% contraction in the economy projected earlier. GDP growth in 2019-20, PRIor to the COVID-19 pandemic, was 4%. The Gross Value Added (GVA)...
More »Covid: Medical experts to study the real-world effectiveness of Covishield and Covaxin -GS Mudur
-The Telegraph Researchers will document the vaccination status of infected patients admitted with severe disease at 11 sites across the country Medical researchers have launched India’s first study to measure the real-world effectiveness of Covishield and Covaxin by documenting the vaccination status of Covid-19 patients admitted with severe disease at 11 sites across the country. The study by the National Institute of Epidemiology (NIE), Chennai, a unit of the Indian Council of Medical...
More »Bihar to provide monthly Rs.1,500 to children orphaned by COVID-19 -Amarnath Tewary
-The Hindu They will be housed in State child care centres, says Chief Minister Nitish Kumar. Patna: The Bihar government on Sunday said it would provide Rs.1,500 each month to those children who have lost their parents to COVID-19 in the State. The children will get the financial assistance till the age of 18 and will be housed in State child care centres. “Those children who have lost their both parents or, at...
More »Government used ‘Indian double mutant strain’ in affidavit filed in Supreme Court -Krishnadas Rajagopal
-The Hindu It officially objected to affixing nationality to the virus variant later The government used the term “Indian double mutant strain” in an affidavit filed in the Supreme Court just days before it officially objected to affixing nationality to the virus variant. A May 9 affidavit refers to “Indian double mutant strain” while detailing the steps taken by the Indian Council of Medical Research and the National Institute of Virology to develop...
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