-Economic and Political Weekly Editorial India has to substantially scale up its health infrastructure to protect lives and livelihoods. “The situation in India is a devastating reminder of what the virus can do,” said World Health Organization (WHO) Chief Tedros Adhanom Ghebreyesus at a virtual briefing in Geneva last week. He was speaking in the context of the WHO survey findings which noted that one year into the COVID-19 pandemic around 90%...
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How Biden admin changed stance on supply of vaccine Raw Materials to India -Avik Roy
-Hindustan Times The announcement by Joe Biden comes close on the heels of the United States agreeing to provide India with Raw Materials needed for producing the Covishield vaccine and supply equipment such as ventilators and oxygen generation gear to support the country’s response to a massive surge in Covid-19 cases. US President Joe Biden on Monday took to Twitter to say that his administration is determined for India to tide over...
More »Most Enterprises Worldwide Lack Cash Flow During Pandemic: ILO
-Newsclick.in A majority of enterprises surveyed said they were finding it difficult to manage staff and operations, the ILO report says. New Delhi: As the COVID-19 pandemic disrupts several economies worldwide, particularly India’s, a new report by the International Labour Organisation (ILO) says that the greatest challenge faced by businesses across the globe has been keeping up cash flow to manage operations and staff, tide over supplier disruptions and gaining access to...
More »Don't boycott China, say MSMEs! Input cost will shoot 40% -Nirbhay Kumar
-Business Today MSMEs don't want the government to impose tariffs that will make buying Raw Materials from China difficult - all other countries sell lot more expensive * Higher tariff on key Raw Materials from China will raise input cost by 10-40% for MSMEs * Industry bodies want the government to chart out long-term plan for gradual import substitution * Ad-hoc measures like raising tariff and putting trade barriers could end up hurting local...
More »Can India decouple itself from Chinese manufacturing? -Ananth Krishnan
-The Hindu India faces challenges linked to infrastructure and skill sets; and its policies are unpredictable The border clashes with China and the COVID-19 pandemic have reignited questions about India’s dependence on Chinese manufacturing. India’s imports from China in 2019-2020 reached $65 billion, out of $81 billion two-way trade. Is the pandemic, as Union Minister Nitin Gadkari said last month, a “blessing in disguise” for Indian manufacturing? Will companies be able to...
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