Vishal Choudhury

DAILY NEWS UPDATES- 02/06/2021

[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] India’s Market Capitalisation to GDP Ratio Hits a Decadal High India’s market capitalisation to GDP ratio hit a decadal-high of 103.47% as of March 31, suggesting that the equities are valued expensively because the market expects a …

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How Bad is India’s Oxygen Crisis? What Steps have been Taken?

Introduction India is facing an acute Oxygen crisis in the backdrop of the raging COVID-19 pandemic. A few days ago, more than twenty patients died in Maharashtra due to Oxygen leakage. In Gujarat, five patients died as the Oxygen supply ran out. The same happened in Aligarh, Uttar Pradesh. The situation is dire, and the …

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COVID-19 Vaccination- Steps to Improve the Pace of the Programme

[Read this post to understand the factual background of India’s vaccination programme] [Note- From 1st April, 2021, everyone above the age of 45 is eligible to get the vaccine] The Government has capped the price of each vaccine dose at Rs. 250. Besides, only the Government can control the procurement of both the vaccines and …

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Economic Survey 2021 on De-Regulation and ‘Process Reforms’

[The link to the Chapter can be found here] The Economic Survey 2021 was released on 30th January 2021. The ‘Economic Survey’ is a summary of the ‘annual economic development in the country throughout the year,’ released before the Union Budget. It is drafted by a team led by the Chief Economic Advisor (CEA) of the country. At present, this …

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The Economic Survey 2021 on Growth, Inequality, and Poverty

[The link to the Chapter can be found here] The Economic Survey 2021 was released on 30th January 2021. The ‘Economic Survey’ is basically a summary of the ‘annual economic development in the country throughout the year,’ released before the Union Budget. It is drafted by a team led by the Chief Economic Advisor (CEA) …

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India’s COVID Vaccine Rollout and Vaccine ‘Maitri’ – All You Need to Know

On January 16th, 2021, Prime Minister Narendra Modi launched the world’s biggest COVID-19 vaccination drive. The government plans to inoculate three crore health officials and frontline workers in the first phase of the rollout, following which people aged above 50 years and those with co-morbidities will be identified and vaccinated. By August 2021, the government …

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