In the absence of a vaccine, the economic recovery will have to wait until next year, although that too is likely to be V-shaped, CEA Krishnamurthy Subramanian said.
Johnson & Johnson will start human trials in the second half of July, about two months earlier than expected. Final-stage tests could begin in September.
Gates is focusing on the most promising vaccine candidates, committing funds to help ensure production capacity is ready even before any have proven to work.
What needs to happen now is a series of studies to determine whether the presence of antibodies is associated with protection against re-infection with SARS-CoV-2.
At least 14 vaccine candidates being developed solely by Indian players, but none ready for human trials stage yet, Principal Scientific Adviser K. VijayRaghavan says.
Making a jump from internal combustion engines to electric vehicles is the kind of romantic prospect that would appeal to India, which jumped from a shortage of landline phones to an abundance of smartphones.
RBI Wednesday banned Kotak Mahindra Bank from taking on new customers through digital channels & from issuing new credit cards. Violations had to do with strength of bank’s IT infra.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
The Covid-19 pandemic and its enormous pressure on government seems unprecedented ,perhaps
comparable to Spanish Flu of 1918 from the way it is showing no signs of abatement all over the world.
In India ,it has grown deceptively when we were taking credit for declaring an early lock down as keen
preventive measure.In spite of lapse nearly 3 months ,its vigor has not declined and is like an elephant
gone astray causing harm to people. When it will be controlled or how long it will last are difficult to
predict though the causalities are not as high. No doubt CEA ‘s guess that much depends on the arrival
of vaccine is right,but that again is uncertain.We can with consultations of doctors explore our indigenous systems of medicine,like Siddha and Aurveda also for a possible remedy.
Unless we are able forecast downturn effect ,whether it is 6 months or 9 or more( Spanish flu lasted 15
months) of this Covid-19 impact ,it is unlikely there will be a V shaped recovery of the Economy,
The approach should be to evolve stimulus packages as and when needed and as and in the way it is
needed by the affected population. Government should not worry about revenue loss as many sectors
of Industry have made losses themselves, Govt. should act with a large heart and great munificence
and the people will respond better.More importantly the pandemic monitoring should be done
bringing in the doctors fraternity and global wherewithal regarding Vaccine and other controlling measures.
Indiaeconomy is slowly getting into depression. If at all there will be recovry in shorter term , it will be only “L” shaped. May be after a year or so the graph may show slight upward curve.
great discovery. who doesn’t know it. what a time we are living in.
great discovery. every tom dick and harry know it. CEA ?
The Covid-19 pandemic and its enormous pressure on government seems unprecedented ,perhaps
comparable to Spanish Flu of 1918 from the way it is showing no signs of abatement all over the world.
In India ,it has grown deceptively when we were taking credit for declaring an early lock down as keen
preventive measure.In spite of lapse nearly 3 months ,its vigor has not declined and is like an elephant
gone astray causing harm to people. When it will be controlled or how long it will last are difficult to
predict though the causalities are not as high. No doubt CEA ‘s guess that much depends on the arrival
of vaccine is right,but that again is uncertain.We can with consultations of doctors explore our indigenous systems of medicine,like Siddha and Aurveda also for a possible remedy.
Unless we are able forecast downturn effect ,whether it is 6 months or 9 or more( Spanish flu lasted 15
months) of this Covid-19 impact ,it is unlikely there will be a V shaped recovery of the Economy,
The approach should be to evolve stimulus packages as and when needed and as and in the way it is
needed by the affected population. Government should not worry about revenue loss as many sectors
of Industry have made losses themselves, Govt. should act with a large heart and great munificence
and the people will respond better.More importantly the pandemic monitoring should be done
bringing in the doctors fraternity and global wherewithal regarding Vaccine and other controlling measures.
Indiaeconomy is slowly getting into depression. If at all there will be recovry in shorter term , it will be only “L” shaped. May be after a year or so the graph may show slight upward curve.
Are we in virtuous or vicious cycle?