why world losing the battle against a virus ?

In the past century, the largest gains in human health and life expectancy have come from public-health interventions, not medical ones. Clinical medicine — treating individual patients with medication and procedures — has registered enormous gains. Hepatitis C is now curable; so are many childhood cancers. Cutting-edge gene therapies are curing rare genetic disorders, and new technology is making surgeries of every kind safer. But even stacked against those triumphs, public health — the policies and programs that prevent entire communities from getting sick in the first place — is still the clear winner. “It’s saved the most lives by far, for the least amount of money, but why in avablity of so advance health tech still humans are losing the battle against a virus (COVID-19).

This covid 19 became a one of the biggest challenge for human kind , after so long shutdown of entire world , almost all country economy collapes , nearly 15 million infected and 602 k death due to covid -19 still their is no conformed cure/ vaccine. with 1st case in China (in wuhan city ) in december 2019 and sepred across the World with increase in multiple rate of pesents and became a world pendamic.

what is COVID-19 ?

On 31 December 2019, the World Health Organization (WHO) got reports from health authorities in China of a cluster of viral pneumonia cases of unknown cause in Wuhan, Hubei,and an investigation was launched at the start of January 2020. On 30 January, the WHO declared the outbreak a 

On 31 December 2019, the  World Health Organization (WHO) got reports from health authorities in China of a clster cluster of viral pneumonia cases of unknown cause in Wuhan, Hubei,and an investigation was launched at the start of January 2020. On 30 January, the WHO declared the outbreak a Public Health Emergency of International Concern (PHEIC)—7,818 cases confirmed globally, affecting 19 countries in five WHO regions.(PHEIC)—7,818 cases confirmed globally, affecting 19 countries in five WHO regions.

Several early infected people had visited Huanan Seafood Wholesale Market; the virus is therefore thought to be of zoonotic origin.The virus that caused the outbreak is known as SARS‑CoV‑2, a newly discovered virus closely related to bat coronaviruses, pangolin coronaviruses, and SARS-CoV. The scientific consensus is that COVID-19 has a natural origin. The probable bat-to-human infection may have been among people processing bat carcasses and guano in the production of traditional Chinese medicines.

The earliest known person with symptoms was later discovered to have fallen ill on 1 December 2019, and that person did not have visible connections with the later wet market cluster. Of the early cluster of cases reported that month, two-thirds were found to have a link with the market. On 13 March 2020, an unverified report from the South China Morning Post suggested a case traced back to 17 November 2019 (a 55-year-old from Hubei) may have been the first person infected.

The WHO recognised the spread of  COVID-19 as apandemic on 11 March 2020as Italy, Iran, South Korea, and Japan reported surging cases. The total numbers outside China quickly surpassed China’s.

world Health system fail ?

Covid-19 is a catastrophic failure of public health leadership. Highly-qualified people — from the World Health Organisation, the US Centres for Disease Control, the US National Institute of Allergy and Infectious Diseases, and eminent epidemiologists from institutions such as Stanford, Harvard, and Johns Hopkins — are offering regular updates on TV about what needs to be done. While viewers appreciate their expertise and measure of calm, billions around the world are now impacted by their collective failure to act and prevent this epidemic from happening in the first place.

Bill Gates, in a famous TED talk in 2015, predicted that the world is totally unprepared for a pandemic, and warned that countries have to mobilise. “Today, the greatest risk of global catastrophe doesn’t look like this,” he said, showing the image of a mushroom cloud created by a nuclear explosion. “Instead, it looks like this,” he said, pointing to a picture of the influenza virus. Why were public health officials not paying attention to Gates?

Every major country has a generous, dedicated budget for public health. Public health officials have been studying epidemics and pandemics for hundreds of years. After all, more people have died because of contagion from diseases like the plague or the Spanish flu than from war, and these experts have been combing through troves of data, often with the help of supercomputers, to find cures or vaccines for infectious diseases. Despite all the resources at their disposal, they are now saying that a Covid-19 cure is months away, and a fully-tested vaccine after clinical trials, perhaps a year and a half away. Didn’t they see something like this coming at all?

THANKS !

by – deshdeepak yadav

source -google , WHO , TED, and news channel

MODI ANNOUNCES 20 LAKH CRORE RESCUE PACKAGE

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 In a televised address nation before the end of 3.0 national lockdown , India’s prime minister, Narendra Modi, announced an economic rescue package of 20 Lakh carore{ $260 billion}  which is aproxx 10% of  Indian GDP  for a nation that, although relatively successful in controlling coronavirus infections, has been left economically devastated.

The Rs 20 lakh crore economic stimulus announced by the Prime Minister takes into account the measures that the government and RBI have already rolled out in the form of Rs 1.7 lakh crore in cash and free food and Rs 5.24 lakh crore in liquidity support. That pegs the new stimulus at Rs 13.1 lakh crore, or 6.5% of GDP, which will likely come in the form of loan guarantees for MSMEs, wage support for MSME workers, aid for migrant labourers, tax sops to make local production competitive, tax cuts to spur spending and support for construction and housing sectors. The total package at 10% of GDP puts India in league with likes of Germany, Sweden and France and way ahead of Spain, Italy, the UK and China.

Prime minister  was short on details but said the relief package, which amounts to around 10 percent of India’s gross domestic product and was larger than expected, would help all classes, from farmers and migrant laborers to big businesses.

He urged Indians to become more economically self reliant  which means using of indian made product more than international product giving a example of mahatma Gandhi ji as he campaign to boycott British textiles and buy Indian cloth instead.

“Be vocal about local!”  prime minester said . “Who can stop us from becoming a self-reliant India?”

He further said  that India can make many products locally, boasting that the country went from manufacturing almost no PPE kits or protective masks before the coronavirus pandemic to now making hundreds of thousands each day.

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As so long national lockdown of a 1.3 billion people pandemic have hit its economy especially hard, leaving millions of poor people unemployed. All across the country, out-of-work laborers have been pouring from cities and returning to rural areas where they hope to rely on family members to survive.

As Prime minister promised that in the coming days India’s finance ministry would reveal all the details of fund and who will get benifit from this package, migrant laborers , farmers, honest taxpayers, MSMEs  (micro small and medium enterprises ) and cottage industry.were  among the people who would be helped by the stimulus plan.

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 As 3.0 National lockdown will end on 17 may , Mr. prime minister didn’t directly address  that national lockdown  further extend, but he said that during the next phase of the lockdown,rules would change. And he hinted that the lockdown might be eased.

“All the experts are telling us that corona will be part of our lives for a long period,” Mr. Prime minister said in his half-hour speech. “But we cannot allow our lives to revolve around corona, corona, corona.” He urged Indians to continue wearing masks and maintaining social distance.

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India has reported around 70,000 corona virus infections and 2,300 deaths. For a country of 1.3 billion people, that is a very low as compared with other richer countries. Though testing is lower here as well, which may mean the infection rate is higher than reported, many public health officials have said India has done a good job so far in containing the virus.

 

THANKS !

Deshdeepak

 

 

 

data and image source – google and news agencies

 

 

DEADLY INCIDENT AS INDIA IN NATIONAL LOCKDOWN

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Sixteen migrant workers were crushed to death by a freight train in central India  in Aurangabad Mahrestra as they were traveling home, becase of lack of food and work due to national lockdown , in covid-19 pendamic, In  tragic incident yesterday, a train ran over 16 migrant workers while they were sleeping on a railway track near Aurangabad, Maharashtra. The workers hailed from Madhya Pradesh and were travelling back to their hometowns on foot along the railway tracks. “We all from Madhya Pradesh and we work for SRG Company, Jalna. We were going to our native villages. We left our rooms at 7 PM on Thursday and reached the incident spot at around 4 AM in the morning on Friday.” said bye a eyewitness who is hospitlized .

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Just the day before, a diaster at a plastics factory that was reopening after a lockdown killed 11 people and sickened hundreds. Officials said that workers at a plant owned by the South Korean industrial giant LG had mishandled a valve on a styrene tank that sent a cloud of deadly vapor floating over the outskirts of Visakhapatnam, a city of several million people, that left people choking to death in the streets.

The moral of those stories for the Indian government, which imposed one of the world’s strictest lockdowns six weeks ago and is now trying to restart its economy, and did’t focous on the safty major in openieng of factory , bussiness, and all .

 

Many of the country’s struggles in the pandemic — including mass internal migration, unsafe workplaces and industrial disasters — have been amplified by the lockdown and the subsequent move to reopen businesses. And with millions of its citizens working overseas to send money home, and many of their lives now destroy by the pandemic, India is also undertaking a giant repatriation effort.

The gas leak and train incident wasn’t the only accident as Indian businesses began resuming operations. On Wednesday, half a dozen worker who had not been given safety gear  wear hospitaliz after inhaling dangerous fumes at a paper mill in Chhattisgarh, that was trying to restart operations after weeks of inactivity. And on Thursday, several hundred miles to the south, in Tamil Nadu, a boiler exploded at a thermal power plant, badly burning several workers.

The migrants killed on Friday along the railway tracks were  depressing wave. In recent days, India’s government, which initially blocked migrants from moving state to state, has eased the lockdown rules to allow some to travel. Over all, Mr. Modi’s government has been decided to give some relief in the lockdown, deeply concerned about the economic hit on a country by the so long national lockdown .

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The news of the migrants’ deaths disturbed an Indian public already rattled by the accident at the LG plastics factory. investigations indicate that the accident was caused by a leak in a styrene tank that had been neglected for weeks.

Officials said that dangerous pressure had been building in the tank during the lockdown and that factory workers had improperly opened a valve, releasing a huge cloud of toxic vapor.

On Friday, police officers put up more barricades around the factory and were not letting anyone near it. With many of the evacuated villagers being housed in government shelters, the entire area bore a deserted look. this incident focused people to remember painful memories of industrial accident in Bhopal in 1984 in which a pesticide plant released toxic gas that killed more than 4000 people in Bhopal.

 Apart from indesterial incident and train incident number of fatal car accidents is way down — no surprise, perhaps, given that roads across India were deserted until this week till modi govt. give a little relief in  lockdown. A recent report found that 140 people died in car accidents nationwide from March 24 to May 3 — an average of 3.4 deaths per day, as of due to national lockdown other incident like killing, snatching, curreption , burning of people  decreased .

THANKS!

Deshdeepak

data source- google and other news agency

EFFECT OF COVID-19 ON INDIA CHINA TRADE

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As COVID-19 has play a very bad impact on the world economy. Almost  every economy shutdown due to implimentation of  national lockdown across the world , and   Access to the outside world has shrunk; almost every county has severed their supply chains with China. Lockdown has shrunken our business , work ,education,  social life, evening previously spent with friends are now passed plugged into laptops and mobile phones. The lockdown by India imposed has affected the domestic trade too. in India lockdown extend by Modi government till 19 may , and in this long period entire nation  shut down almost each and every business, every job, startup , even small business  effected by this lockdown , each and every person of the nation are in their house  doing nothing , using mobile and laptop.

In China their is also lockdown which is now open as China is a big exporter  of a large amount of commodity across world, and to India  because  a large number of manufacturing unit in China. and all the manufacturing unit are shutdown either closed the product due to global pendamic  .

As per the official Chinese data, a 12.4% decline in India- China trade was seen for the month of January and February 2020. China’s export during this period was about 67.1 billion Yuan.

Many sectors have suffered huge losses due to the imposition of the lockdown. The medicines imported from China have seen a huge jump in their prices. Paracetamol imported from china has seen a hike in its price by up to 40%. India imports 70% of its medicines and medical raw material from China. Due to which we will soon see a price jump in medicines.

China has been a leading exporter of electronic products. Televisions and mobile phones whose 75% and 85% of the components respectively are Chinese made, are going to be hit. Supply from China is shut since December 2019, which caused a shortage of cheaper basic products. DAIKIN, a Japanese air-conditioner manufacturing company has already informed its retailers that the company is going to be increasing prices by 5% to 7%. Products which can be made easily in our own country are imported from China because they are cheaper. Discounts earlier received on mobile phones and other electronic items will be cut off and are expected to hike in price, there are expectations that there will be a 10%-20% increase in the price of electronic products.

As India has shut down the exports, it will make the textile industry suffer. India is one of the largest producers and exporters of cotton yarn. India exports about 25% of its annual cotton and cotton yarn to China. The cotton export is being held up completely.  The fabric export has seen a sharp decline. The cost of raw cotton has been reduced by Rs.200 to Rs.300, because there is no demand from China.

Toys will get costlier because the toys imported from China which cost about Rs.10, if made in India costs around Rs.17, this is due to machinery. China manufactures toys on a larger scale. Whereas in India the production is on a smaller scale as compared to China, and without the advance machinery as in China.

Out of every 15 diamonds of the world 14 are cut and polished in India. India exports 36% of its diamonds to China, this will cause India to lose around $1.05-1.3 million. India’s gold market saw a 92% decline in demand for this Akshaya Tritiya, the annual spring festival Hindus  for which, consider it to buy gold and demand of yellow mettle is very high during this festival.The alloy is mixed with gold to give it strength and durability, and  the platinum used to gold rhodium polish are imported from China; this will force the retailers to increase their making charges, resulting in an overall increase in the price of gold and silver jewellery.

As China is the largest exporter of iron and steel in 2019 having exported 87.3 million metric tons which equals approximately 15.8 % of global exports and its expected to increase in the price of the production after covid -19 As regards steel, although Chinese export prices of steel do influence Indian export realisation, imports from China of pipes (Chinese share 32.0% of total imports of this category in April-January’20), GP/coated products (Chinese share 14.3%), electrical sheets

India faced a similar slowdown back in 2008 which caused the GDP growth to fall from 9.8% to 3.9%. The Great Recession of 2008 made China the economic powerhouse. This slowdown is due to the lockdown where all the factories and workplaces are closed. It is expected that after the lockdown opens the demand will be back on track, but it will take time because people have suffered a pay cut and are left with lesser money to spend on wants, and due to the shortage of imports from China, people will have to pay more for the same than they paid earlier. Japan has earmarked $2.2 billion to help its manufacturers shift production out of China. India can be the next best location after  China; because India has a lower labour cost and is easily accessible to other countries. and ,India is working MNC’s planning to shift their production units from China in the post coronavirus world. The Finance Ministry has asked a select group of industry representatives to send “implementable” suggestions on an urgent basis to make the country a global manufacturing hub

THANKS !

Deshdeepak

 

 

 

Data source- google and govt. of India and china official website.

 

 

 

 

 

 

 

 

 

 

 

Vista Equity Partners to invest $1.5B in India’s Reliance Jio Platforms

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A U.S. base private equity farm Vista Equity Partner is agree to invest in jio ltd., vista agree to buy  2.32% stake in jio for some of ₹ 11,367 crore rupees for 2.32% stake in jio platform  ltd., this agrement  will lead to new high of jio ltd.,  In its third transaction in less than three weeks, the Mukesh Ambani-led Reliance Industries (RIL) has struck a deal with US private equity firm Vista Equity Partners for another stake sale in Jio Platforms. 3 week ago world largest investment made by Facebook in jio for 9.99% stake in jio platform ltd., On April 22 social one of largest social media platform Facebook buy 9.99% stake in jio for ₹ 43,574 crore rupees . and early this week silver lake agree to invest in jio Platfrom ₹ 5,655.75 crore rupees , for 12.5% stake in jio .

Reliance Jio Infocomm Ltd. which provides connectivity platform to more than 388 million   subscribers, will continue to remain a wholly owned subsidiary of jio platform .

Commenting on the transaction,Mukesh Ambani, Chairman and Managing Director, said, “Like our other partners, Vista also shares with us the same vision of continuing to grow  and transform the Indian digital ecosystem for the benefit of all Indian . we are exited to leverage the profession expertise and multi – level support that Vista has been offering to its investment globally for benefit for Jio ltd.”
Robert F. Smith, founder, chairman and CEO, Vista, said,  “We believe in the potential of the digital society that Jio is building for India. We are thrilled to join Jio Platforms to deliver exponential growth in connectivity across India, providing modern consumer, small  business and enterprise software to fuel the future of one of the world’s fastest growing digital economies. ”
Transaction values the Reliance Industries’ arm at ₹ 4.91 lakh crore after the vista agree to Invest in jio ltd. , this make jio ltd at a new high. valuing the company at ₹ 9.9 lakh crore in the  market.

Vista Equity Partners

Vista is an American private equity and venture  capital firm focused on financing and forwarding software and technology-enabled startup businesses, as well as passive equity investments.

The firm was founded in 2000 by American businessman and investor Robert F. Smith and Brian Sheth. Vista Equity has offices in Austin, Texas; Chicago, Illinois; and San Fraxncisco, Calofornia . In 2018, Vista had over US$43 billion in cumulative capital commitments and owned over 50 software companies which combined, employed 65,000 people worldwide.In 2016, Vista operated with approximately $10 billion in their VI fund.

Vista has more than $57 billion in cumulative capital commitments and  it’s global network of companies collectively represent the fifth largest enterprise software company in the  world.  With 20 years of investing experience exclusively in enterprise software, Vista believes the transformative power of technology is the key to an even better future — a healthier planet, a smarter economy, a diverse and inclusive community, and a broader path to prosperity. Currently, Vista portfolio companies have a significant presence in India with over 13,000 employees.