-Ideas for India The share of bank credit extended to MSMEs increased dramatically during the pandemic. In this post, Harsh Vardhan discusses the the government guarantee of bank loans as a possible driver of this growth. He outlines the current policy of providing credit against collateral, and the constraints MSMEs face while borrowing– which leads to decreased investment and firm productivity. He argues that the learnings from the credit guarantee scheme...
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Withdrawing comments on allopathic medicines, regret controversy, says Ramdev
-The Hindu/ PTI Responding to a letter from Union Health Minister Harsh Vardhan, Ramdev said he wants to put the matter to rest. Yoga guru Ramdev on Sunday withdrew his recent statements on allopathic medicine which triggered strong protests from the medical fraternity. Responding to a letter from Union Health Minister Harsh Vardhan, Ramdev said he wants to put the matter to rest. “Hon’ble Minister, I have received your letter. I withdraw my statement,...
More »'Enough is enough': IMA demands prosecution of Ramdev under Epidemics Act -Deepali Sharma
-Hindustan Times "Enough is enough," IMA said slamming Ramdev for what it called “repeatedly taking advantage of the situation and creating fear among the public to sell his illegal drugs.” Indian Medical Association (IMA) on Saturday lashed out at Yoga guru Ramdev for his remarks on allopathy and demanded the Union health minister Harsh Vardhan to prosecute him under Epidemic Diseases Act 1897 or accept his accusations and dissolve the modern medical...
More »When Social Media Was Flooded With COVID SOS Calls, Union Ministers Only Praised Centre
-TheWire.in Dainik Bhaskar's analysis of tweets posted by ten Union ministers revealed that none of them tweeted to help a COVID-19 victim find an oxygen cylinder or a hospital bed through handles. New Delhi: During the first two weeks of May when social media was filled with SOS messages for ‘oxygen’ and ‘ventilator beds’, Union ministers were proactive on Twitter praising the prime minister and the Centre’s efforts in managing the pandemic....
More »India learns a bitter lesson for disregarding crucial warnings and recommendations on Covid-19
In the month of April this year, there has been an unprecedented upsurge in daily new cases and daily new deaths in the country due to Covid-19. States, which reported large increases in daily new cases and daily new deaths, are Maharashtra, Kerala, Karnataka, Delhi and Uttar Pradesh, to name but a few. Data accessed from https://www.covid19india.org/, which is a crowdsourced platform and an independent aggregator of daily Covid-19 figures and...
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