covid second wave india lockdown

The impact of the second wave of the coronavirus pandemic on the economy is likely to remain muted as compared to the first wave, the finance ministry said in its monthly economic report. Assuming that the second wave of epidemics posed a downside risk to economic activity in the first quarter of the fiscal year 2020-22, the report stated that "there are reasons to expect a tighter economic impact than the first wave. COVID-19 as borne by international experience provides a silver lining of economic resilience amidst the COVID-19 second wave. Also, read | Second Wave of COVID-19: Top Upcoming Car Launches Postponed Due to Pandemic: Hyundai, Audi, and Others Finance Ministry Report The fiscal position of the central government, it said, has witnessed an improvement in the recent...

Amid the rapid rise in CoronaVirus cases, the Supreme Court has urged the Center and the states to consider imposing a lockdown to break the chain in the interest of public welfare. https://twitter.com/LiveLawIndia/status/1388901405503627269?s=20 It directed the Central Government to re-issue its initiatives and protocols, including the availability of oxygen, availability, and pricing of vaccines, and availability of essential medicines at affordable prices. A three-member SC bench, comprising Justice D Y Chandrachud, Justice L Nageswara Rao, and Justice Ravindra Bhat said, “We are cognizant of the socio-economic impact of a lockdown, specifically, on the marginalized communities… thus, in case the measure of a lockdown is imposed, arrangements must be made beforehand to cater to the...

Tag: covid second wave india lockdown

Impact of COVID-19 second wave on the Economy to Remain Muted- FM report

Consider imposing Lockdown to Tackle 2nd wave of COVID: Supreme Court to Centre and States