-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...

-The Indian Express Is the government postponing the use of the Rs 35,000-crore allocated for vaccine development in the current Budget? Has it been shy in using its good offices with the US to intercede on behalf of the country’s vaccine manufacturing companies? This time, last year, India was under a lockdown announced by Prime Minister Narendra Modi in a televised address during which he issued several messages of caution. He talked...

-The Telegraph The Centre had last November announced a Rs 900-crore project but none of this money went to either Covishield or Covaxin India’s shortage of Covid-19 vaccines that precludes immediate inoculation for all adults is rooted in the Narendra Modi government’s lack of funding for key vaccines under development and evaluation, experts have said. The experts, who have tracked global vaccine efforts, said the Indian government’s lack of investments contrasted with the...

-The Hindu They seek waiver on some provisions of world agreements that regulate intellectual property rights to expedite steps to contain pandemic India and South Africa, in a formal submission to the World Trade Organization (WTO) on October 2, sought a waiver on certain provisions of the international agreements that regulate intellectual property rights to speed up efforts to prevent, treat and contain the COVID-19 pandemic. In the communication, the countries said there...

-The Hindu So far, India has sent 60.4 million doses of coronavirus vaccines to around 80 countries. India is unlikely to expand export of COVID-19 vaccines for the next few months as the focus shifts to domestic demand in view of spike in coronavirus infections, people familiar with the development said on Wednesday. So far, India has sent 60.4 million doses of coronavirus vaccines to around 80 countries. Those familiar with the development said...