-The Hindu Lender sees ‘considerable downside risk’ from latest COVID wave, says may revise forecast in July The Asian Development Bank has raised its forecast for India’s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April’s exponential jump poses a “considerable downside risk to the recovery”. ‘Targeted containment’ In its assessment based on end-March data, the ADB cited this year’s...
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Uncritical support for Modi paved the way for India’s COVID-19 crisis -Vidya Krishnan
-CaravanMagazine.in India is a veritable chamber of horrors right now. Every day appears to mark a new record-highest number of daily cases, with the country witnessing 3,52,991 new COVID-19 cases and 2,812 deaths on 25 April. Patients are dying due to a lack of oxygen in hospitals—at least 24 patients died in a hospital in Nashik, in Maharashtra, on 21 April, and another 25 died in Delhi, the national capital, two...
More »Aid pours in from the world to counter India's COVID-19 Second wave -Kallol Bhattacherjee
-The Hindu Many countries are sending emergency use equipment to India to fight COVID-19 Around 15 countries including the US, Russia, France and the United Kingdom are rushing critical emergency use equipment to enable India counter the COVID-19’s deadly Second wave. A compilation from the Ministry of External Affairs showed that countries are sending hundreds of oxygen concentrators, respirators and large quantities of liquid oxygen to help ease the difficult situation facing...
More »RBI’s chicken soup for the economy’s soul -Manas Chakravarty
-Moneycontrol.com The RBI’s state of the economy report enlists Benjamin Franklin, Fyodor Dostoyevsky, Paulo Coelho, Barack Obama, Shakespeare and a host of lesser luminaries to drive home a message of relentless positivity Back in January this year, RBI’s state of the economy report prognosticated that India will have a ‘glorious summer’. Seen in heartless hindsight, that remark was gloriously off the mark. Has the devastating Second wave of the pandemic changed the RBI’s...
More »PM Modi has emerged as ‘super spreader’, says Dahiya
-The Tribune Jalandhar: Holding Prime Minister Narendra Modi responsible for spreading the Second wave of Covid-19, national vice-president of the Indian Medical Association (IMA) Dr Navjot Dahiya today called him a ‘super spreader’ and blamed him for irresponsibly organising big political rallies in poll-bound states and even allowing Kumbh mela during such a serious situation. “While the medical fraternity is trying hard to make people understand mandatory Covid norms, PM Modi did...
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