Tag: COVID-19/Coronavirus

Indian economy to rise at 9.5% in fiscal 2021-22: Fitch Ratings

GDP
  • Fitch Ratings has oozed confidence that the Indian economy will spring back from the prevailing contraction and slowdown mainly on the back of the COVID-19 pandemic and projected India’s GDP to rise at a healthy rate in the next fiscal year.
  • The credit rating agency has predicted India’s GDP to increase at 9.5 percent in FY 2021-22 after a contraction of 5% (means -5%) fiscal year 2020-21.

Covid-19 can turn 60 million into poverty, adopt comprehensive policies: WB

Coronavirus
  • The World Bank on 2nd June made countries to go for comprehensive policies to promote long-term growth along with short term measures to address health emergencies and secure core public duties in the wake of the coronavirus crisis, between indications that 60 million people could be pushed into extreme poverty in 2020.

Fitch and S&P forecast India’s GDP growth rate to contract 5% in FY21

GDP
  • Fitch and S&P Global Ratings has cut India’s GDP growth rate to 5% in the Fiscal Year 2021. The decline in the growth rates has been made due to a slump in the economic activities in the whole country between lockdown imposed to contain COVID-19 pandemic.

REC Limited & TajSATS to give meals to frontline healthcare workers

REC Limited
  • REC Limited has paired-up with TajSATS, a joint venture of IHCL and SATS Ltd, to give nutritious meals to frontline healthcare workers.
  • Both entities are leading the mission to give meals to the medical staff in key government hospitals along with daily wage laborers.

Indian Navy made “NavRakshak” breathable PPE kit

NavRakshak
  • Indian Navy’s indigenously-made PPE kit, ”NavRakshak”, made for improving the ease of the health workers under Indian conditions, is assisting fight the war against Covid-19 in a better and effective manner.

Khudol of Manipur has been listed in top 10 influencers to fight COVID-19 by UN

Khudol Manipur
  • Khudol of Manipur has been listed in the top 10 influencers to fight COVID-19  by the United Nations . Khudol is a crowd funded initiative by the Ya_All(Founded in 2017) and aims to provide food and medical supplies to people suffering from HIV, daily wage earners , childrens etc.

ICMR to use Kangra tea to boost the immunity of people

Kangra Tea

Indian Council of Medical Research(ICMR) has decided to use Kangra Tea for boosting the immunity of the people that is the only way at present to prevent the spread of the COVID-19.

ICMR found Kangra Tea a better alternative to HydroxyChloroquine (HCQ) and HIV drugs that are being used at present for the treatment of the COVID-19 pateints.

Airtel Africa and UNICEF come up to support families affected due to COVID-19

UNICEF
  • Airtel Africa and the United Nations Children’s Fund (UNICEF) has partnered to support families affected due to the COVID-19 pandemic. 
  • Airtel Africa in partnership with top educational websites will provide access to digital content in remote areas without any cost.
  • Countries that will be benefited are: Niger, Rwanda, Tanzania, Zambia, Nigeria, Gabon, Kenya, Congo, Democratic republic of Congo, Chad, Uganda, Madagascar, and Malawi .

Ladakh grows as COVID-19 free after recovery of all active cases

COVID-19
  • The Union Territory, Ladakh has grown coronavirus free as the region has not reported any fresh case since 3rd May 2020.
  • A total of 43 cases of Coronavirus were reported in Ladakh till now and all the confirmed cases have recovered from the COVID-19.

‘Rail-Bot’ revealed by SCR to provide better health care to COVID-19 patients

Rail-Bot
  • South Central Railway zone has prepared a robotic device named as “RAIL-BOT” (R-BOT) to support in the functions of hospital management to give better health care to the coronavirus patients.