-The Indian Express An estimated 50 million people are believed to have lost their jobs in just two weeks of the lockdown. The CMIE data showing rise in unemployment in urban areas by more than 22 per cent between March 22 and April 5 confirms that the lockdown prompted by coronavirus will wipe out the tremendous gains made by India in being the only country apart from china to lift millions out...
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The Covid-19 Pandemic and Indian Agriculture: A Note -R Ramakumar
-Foundation for Agrarian Studies blog The world is sliding rapidly towards a recession. The Covid-19 pandemic will shut down large parts of the world economy for at least a few months more. IMF managing director Kristalina Georgieva stated on March 23, 2020 that the outlook for global growth in 2020 was “negative.” Recovery, if any, is expected only in 2021. According to the International Labour Organisation (ILO), the rise in unemployment...
More »New Lancet study puts china’s death per virus infections rate at 0.66% -Abantika Ghosh
-The Indian Express Till April 1, 8.53 lakh cases of COVID-19 had been reported world-wide, with 41,887 deaths. china has seen 82,295 cases and 3,310 deaths. An average coronavirus patient may be in hospital for about 25 days and the mean duration from the onset of symptoms to death is about 18 days, a study in The Lancet Infectious Diseases has said. The study also concluded that the overall infection fatality rate...
More »Recession To Hit Developing Nations, May Spare china, India: UN Report
-United Nations/ PTI/ NDTV With two-thirds of the world's population living in developing countries facing unprecedented economic damage from the COVID-19 crisis, the UN is calling for a USD 2.5 trillion rescue package for these nations. United Nations: The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic, spelling serious trouble for developing countries with the...
More »Dr D Nageshwar Reddy, Chairperson of the Asian Institute of Gastroenterology and Padma Bhushan recipient, interviewed by GS Vasu (The New Indian Express)
-The New Indian Express In a chat with The New Indian Express Editor GS Vasu, the internationally renowned medical expert shares two key findings that give India reason to hope. HYDERABAD: At a time of paranoia and panic over how long this corona-fuelled lockdown may stretch, internationally-renowned medical expert Dr D Nageshwar Reddy has good news. "This is something we can easily conquer. There’s no need to panic,” he says, while adding...
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