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Explained: Balance sheet of a bad bank -Sunny Verma and George Mathew

-The Indian Express As the problem of non-performing assets persists in a sector stressed by the pandemic, the RBI Governor has agreed to look at a proposal for creating a bad bank. What are the arguments for and against the concept? Mumbai, New Delhi: The idea of setting up a bad bank to resolve the growing problem of non-performing assets (NPAs), or loans on which borrowers have defaulted, is back on the...

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How co-morbidities make COVID severe -T Jacob John and MS Seshadri

-The Hindu Physicians are confronted with a complex problem that involves multiple organ systems Medical students are taught to classify diseases as either congenital or acquired. Acquired diseases are infectious or inflammatory, nutritional or metabolic, vascular or neoplastic (tumours, benign or malignant). COVID-19 is acquired, infectious/inflammatory. The microbe is SARS-CoV-2. What are co-morbidities and why do they make COVID-19 severe and life-threatening? Chronic nutritional/metabolic diseases start as diabetes, hypertension, metabolic syndrome or obesity....

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Rise of shadow entrepreneurship -Chirantan Chatterjee

-The Hindu Without regulation, the situation could spiral out of control Recently, a professor at a business school allegedly misused his faculty position to provide fake certificates to students whom he had compelled to attend an online course that he taught. He essentially took advantage of India’s rising pre-pandemic gig economy in education. When authorities at the institution discovered the racket, they suspended him. This is a cautionary tale for the global...

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More Indians covered by health insurance but overall percentage still low: NHFS-5 -Puja Goswami, Ritika Banerjee, Nand Lal Mishra and Pooja Verma

-Down to Earth Andhra Pradesh recorded the highest coverage but a decrease since last survey Health insurance coverage increased in the past five years in a majority of the Indian states and union territories but still remained well below half the population in most of them, according to the latest National Family Health Survey (NFHS-5). As many as 15 of the 22 states and UTs surveyed showed an increase in the health coverage....

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New monsoon models on the anvil this year -Jacob Koshy

-The Hindu Agency failed to gauge the magnitude of the excess rainfall in 2019, 2020 The India Meteorological Department (IMD) may introduce new monsoon models this year to better forecast changes in rainfall. At a day-long meet, via videoconference, involving several senior meteorologists across the IMD’s offices and those from affiliated climate research institutes, discussions took place on the accuracy of the existing models, emerging weather models and their strengths and weaknesses in...

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