-The Hindu When testing is done for people within a cluster, the number of positive cases seem to be higher, and vice-versa Generally, the number of positive COVID-19 cases increases when the testing rate increases. However, this is not always the case, as data from Gujarat show. Who gets tested determines the number of positive cases more than how many get tested. In Tamil Nadu, the number of positive cases went up when...
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The US and India have failed the developing world -CP Chandrasekhar & Jayati Ghosh
-The Hindu Business Line By blocking a proposal for the IMF to issue new Special Drawing Rights, the two have denied developing countries much-needed liquidity at a time of extreme economic distress At the recent G20 and IMF-WB Spring meetings held virtually in the third week of April 2020, a proposal for the IMF to issue an additional 500 billion of Special Drawing Rights (SDRs) was blocked by the US and —...
More »Covid-19 inflicts a daily loss of Rs.224 crore to India’s fishery sector -V Sajeev Kumar
-The Hindu Business Line Kochi: The Covid-19 lockdown has put the country’s marine fishery sector in deep sea, inflicting a daily loss of ₹224 crore, a report prepared by the Central Institute of Fisheries Technology (CIFT) said. The monthly loss for the sector is estimated to be about ₹6,838 crore; the Kochi-based institute has put ₹6,008 crore loss to mechanised sector and ₹830 crore for non-mechanised sector. However, the loss incurred in...
More »Digital transactions rise sharply, banks’ RTGS up 34% in March: RBI data -Aashish Aryan & Sunny Verma
-The Indian Express The usage of cash and other cash-based services, however, dipped during the period, the data showed. New Delhi: The month of March, in which the national lockdown began, saw a sharp rise in digital financial transactions countrywide, according to data accessed by The Indian Express. According to the latest Reserve Bank of India (RBI) data, the total value of Real Time Gross Settlement (RTGS) transactions — the biggest online payment...
More »How pooled testing works, when it helps -Abantika Ghosh
-The Indian Express Last week, the ICMR brought out an advisory on pooled testing, ideally in districts where incidence of COVID-19 is low. Faced with criticism about insufficient testing and the reality of limited resources, India has decided go for pooled testing in districts where no cases have been reported. This would on the one hand give data on whether these really are zero-case districts, and on the other, save resources. * What...
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