-Newsclick.in The pandemic has heightened an already simmering economic crisis – and the worst is still to come. The number of employed persons in India plummeted from about 40 crore in January to 39 crore in April 2021. That’s a loss of one crore employed persons, one of the steepest falls ever in four months, barring the brutal devastation caused by last year’s complete countrywide lockdown in April-May 2020. This emerges from...

-Newsclick.in As India faces a grim economic scenario due to the second wave of the pandemic in India, the government needs to step in to create employment opportunities. The second wave of COVID-19 beginning from February 2021 has not only severely impacted the economic recovery in India, but has also threatened a contraction in its GDP and consequently a sharp spike in unemployment. S&P’s moderate and severe severe downside scenario has estimated...

-The Hindu 12-member team to go beyond present crisis, prepare road map for transparent budgeting with States The Supreme Court has constituted a 12-member National Task Force to streamline and ensure the “effective and transparent” allocation of liquid medical oxygen on a “scientific, rational and equitable basis” to States and Union Territories fighting COVID-19. The apex court had expressed its dissatisfaction at the Centre’s earlier “oxygen-for-bed” formula. This “rough-and-ready” arrangement, as the court...

-The Hindu Current price negotiated through bulk orders may not be replicable: Finance Secy The first lot of vaccines were procured by the Centre using PM CARES funds at a higher rate than the subsequent rounds paid for by budgetary allocations, The Hindu has learnt from the response to a Right to Information request by a transparency activist. The Health Ministry response said that the initial 5.6 crore doses of Covishield were bought...

In the month of April this year, there has been an unprecedented upsurge in daily new cases and daily new deaths in the country due to Covid-19. States, which reported large increases in daily new cases and daily new deaths, are Maharashtra, Kerala, Karnataka, Delhi and Uttar Pradesh, to name but a few.   Data accessed from https://www.covid19india.org/, which is a crowdsourced platform and an independent aggregator of daily Covid-19 figures and...