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India’s economy in shambles, headed for a double-digit decline

india's economy was already declining since 2017. False data, western support helped mask the decay. Thanks to Covid-19, the cracks have opened up in india's pseudo economic growth. When you calculate the amount of money that has been wasted in red-tape bureaucracy of india, the true decay of its economic state is revealed. To make matters worse, the indians elected fascists to lead their country, now they are reaping the bitter truth.
 
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Koi nai dont worry soon we will do Qurbani on gates of Wagha ukhad lena jo ukhadna he 😆
:tup:
Actually this guy from the "IT cell"
In reality the anti-cowslaughter frenzy and media hype has had its day from a peak since 2016-2019
Apart from one state ruled by medieval head shaven monk cow slaughter in India has mostly returned to its pre-2015 levels. Not that the anti-beef laws have changed. It's just the economics of the situation and how hard it is to enforce this law.
-The North Eastern states particularly Nagaland, Meghalaya, Mizoram, Arunachal, with large Christian or Buddhist populations openly slaughter cows and pigs and consume large amounts of beef and pork as part of their diet. The southern states particularly Andhra , Telengana, Kerala and Tamil Nadu have a "fit for slaughter" policy to cull unproductive cattle for meat products. Goa has an open beef consumption and sale policy that also affects neighboring Karnataka.
Bihar has a "customary" and "fit for slaughter " law.
The most important reason for the defiance of India's beef laws is the increasing use of tractors in India which has displaced male bulls from their traditional role as draft and plough animals. As 50% of the calves are male, feeding them is unaffordable do they are let go to forage (along with barren milch cows) to become a feral cattle population .
Today the feral cattle population in India is in millions causing tremendous damage to crops and are also a traffic hazard.
Pakistan and other countries have no such a problem. The unproductive cattle are source of good protein which is why these countries may be higher on the nutritional scale.
 
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India’s economy in shambles, headed for a double-digit decline
COVID cases cross 5 million in India; Goldman Sachs foresees 14.8% GDP contraction for 2020-21. Global institutions bring down India’s growth projections to historic lows.

September 22, 2020


As India emerges to be the new global hotspot for COVID-19 with 54, 85,612 cases till 21 September, the economy struggles to sustain itself. Global institutions and economists are speculating a poor future for India’s economic growth as all trends point towards negative. The Asian Development Bank (ADB) has cut down India’s growth projections even further, after already estimating the historic lows. For the financial year March 2021, Goldman Sachs estimates a contraction in the GDP by 14.8%, while the ADB is speculating a growth of -9%. The Organization for Economic Co-operation and Development expects a contraction of 10.2%.

Lockdowns and phases of unlock

The economists believe that India’s failure to contain the virus will once again bring down all business activists that had been resumed after the months-long lockdown since March – one of the strictest the world had seen. While the infections rise over 5 million chasing the USA for the first place in the global ranking of COVID-19 cases, the death toll is only surpassed by Brazil and the US. Sunil Kumar Sinha, principal economist at India Ratings and Research Ltd. now speculates the GDP contraction to be 11.8% in the fiscal year, crossing his own earlier projection of 5.8%. He said, “While a second wave of infections is being witnessed globally, India still has not been able to flatten the first wave of infection curve.”


Slow potential growth

All eyes are awaiting the release of the Central Bank’s growth forecast on 1st October when the monetary policy committee will also announce its final interest rate decision. In August, the RBI had said that discretionary expenses on transportation, hospitality, recreation and cultural activities had taken a major hit due to COVID-19. This fall in the GDP while the banking and other financial sectors are already struggling, will curb India’s medium-term growth potential.

What are the economists saying?

The GDP and other growth potential of India were already on the decline when the country went into lockdown and the pandemic. The Bloomberg economists also expect a contraction of 10.6% in the fiscal year 2021, a rebound in 2022 and slow growth potential as the recession due to the virus continues to haunt for the rest of the decade.

Kaushik Das, chief economist at Deutsche Bank AG in Mumbai seemed optimistic about India’s future as he downgraded his estimates of GDP contraction from 8% to 6.2%. He said that India is “likely to see a shallow and delayed recovery in corporate sector profitability over the next several quarters. This will reduce the incentive and ability for fresh investments, which in turn will be a drag on credit growth and overall real GDP growth.”


Recommendations by the Policy Times

  • After the strict lockdown was lifted, there were some signs of revival, but the bigger picture still remains unclear.
  • There is no denial to the fact that India’s lockdown will be remembered as the greatest failure of the lockdown attempts by any major country because the cases are on a constant increase and the lockdown mitigated more damage than good, considering the migrant crisis and loss of jobs.
  • The economy will continue to decline further if the government and the financial bodies do not take any immediate action or even acknowledge the ongoing crisis.
  • The corporate profits have collapsed in the country, which means there are no investments, leading to no employment or growth.
  • Foreign investors can save the economy of the country if only it relaxes some of its trade policies.

This entire thing is YOUR fault. CCP virus was released by CCP on the world and messed the world economy up.
 
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This entire thing is YOUR fault. CCP virus was released by CCP on the world and messed the world economy up.
The virus now can be first traced back to Europe and America, not China. and why China didn't suffer much while India is the worst hit in the world?
 
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The virus now can be first traced back to Europe and America, not China. and why China didn't suffer much while India is the worst hit in the world?

'This virus can be traced back to Europe through my big mouth'

ohhhh....alll see GREAT GLOBAL LEADER. First screw the world with a pandemic and then hide it and then lie about it.

The two ways of CCP Virus coming from Wuhan- either the wet market let loose the virus through enormous unhygenic facilities or worse, the damn lab let it loose through the incompetence of the staff. Either way only one thing is clear- there is no equal to the endless incompetence of chinese CCP establishment.

All hail great 'GLOBAL LEADER' who will take on the world TOMORROW by beating united states!
 
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'This virus can be traced back to Europe through my big mouth'

ohhhh....alll see GREAT GLOBAL LEADER. First screw the world with a pandemic and then hide it and then lie about it.

The two ways of CCP Virus coming from Wuhan- either the wet market let loose the virus through enormous unhygenic facilities or worse, the damn lab let it loose through the incompetence of the staff. Either way only one thing is clear- there is no equal to the endless incompetence of chinese CCP establishment.

All hail great 'GLOBAL LEADER' who will take on the world TOMORROW by beating united states!
Why it didn't hurt China much but hurt India so badly?
 
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'This virus can be traced back to Europe through my big mouth'
The Coronavirus Was Detected In Sewage In March Of 2019, Far From Wuhan, China
Jun 26, 2020,08:38pm EDT
Eric Mack
Science

As new cases of Covid-19 reach record levels in the United States, there’s new evidence the novel coronavirus SARS-CoV-2 that causes the disease has been with us much longer than previously thought.

Researchers from the University of Barcelona say they detected the virus in sewage samples were collected in the Spanish city on March 12, 2019. That’s several months before the first cases that would lead to the current pandemic were officially identified in Wuhan, China in early December.

It’s previously been reported sewage samples suggested the coronavirus was present in Spain in mid-January of this year, over a month before the first case was confirmed there.

The team analyzed frozen waster water samples from nine different dates between January 2018 and December 2019. All the samples came back negative for the presence of SARS-CoV-2 genetic material, except for low levels that were found in the March 12, 2019 sample.

It’s a little odd, to say the least, that the coronavirus popped up only once in Barcelona’s wastewater nearly a year before Spain reported its first cases.

“When it’s just one result, you always want more data, more studies, more samples to confirm it and rule out a laboratory error or a methodological problem,” Dr Joan Ramon Villalbi of the Spanish Society for Public Health and Sanitary Administration told Reuters. “It’s definitely interesting, it’s suggestive.”

In their summary of their findings, the team makes a point to note the oft-repeated theory that some particularly rough influenza cases that were reported in the months prior to the new coronavirus emerging may have actually been Covid-19 cases.

“It has been suggested that some uncharacterized influenza cases may have masked COVID-19 cases in the 2019-2020 season,” the Barcelona researchers write.

“Those infected with COVID-19 could have been diagnosed with flu in primary care by mistake, contributing to the community transmission before the public health took measures,” adds co-author Albert Bosch in a statement. Bosch is also president of the Spanish Society of Virology.

It’s important also to note that this research has not yet been peer reviewed, which is a key part of the scientific vetting process prior to publication in a journal. However, given the need for information on the origin and spread of the pandemic, many scientists are publicly sharing and promoting their data prior to publication, but it should still be treated as preliminary and taken with a grain of salt.

https://www.forbes.com/sites/ericma...ch-of-2019-far-from-wuhan-china/#47b8226d12e3
 
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Coronavirus may have reached LA even before China announced its outbreak
  • By Karen Kaplan Los Angeles Times (TNS)
  • Sep 10, 2020 Updated 14 hrs ago

LOS ANGELES — Was the novel coronavirus on the loose in Los Angeles way back in December, before the World Health Organization was even aware of an unusual cluster of pneumonia cases in Wuhan, China?

A new analysis of medical records from the University of California, Los Angeles' hospitals and clinics suggests the answer might be yes.

Researchers from UCLA and their colleagues at the University of Washington documented an unmistakable uptick in patients seeking treatment for coughs. The increase began the week of Dec. 22, 2019, and persisted through the end of February.

Some of those patients were treated in outpatient centers. Others came to emergency rooms, and some were ultimately admitted to the Ronald Reagan UCLA Medical Center or other hospitals operated by UCLA.

Officials with the U.S. Centers for Disease Control and Prevention first recognized that the coronavirus had reached American shores in mid-January, when a man in Washington state who had traveled to the area around Wuhan tested positive for an infection. By then, UCLA doctors may have treated dozens of COVID-19 patients without realizing it, the study authors wrote. (Indeed, it would take another three weeks for COVID-19 to get its official name.)

The researchers didn't conduct any diagnostic tests, so they can't say with certainty when doctors first encountered anyone infected with the virus that came to be known as SARS-CoV-2. But if the coronavirus had indeed been spreading under the radar since around Christmas, the pattern of patient visits to UCLA facilities would have looked a lot like what actually happened, they wrote in a study published Thursday in the Journal of Medical Internet Research.

"A significantly higher number of patients with respiratory complaints and diseases starting in late December 2019 and continuing through February 2020 suggests community spread of SARS-CoV-2 prior to established clinical awareness and testing capabilities," wrote the team led by Dr. Joann Elmore, who is both an internist and professor of health policy and management at UCLA.To look for signs of early COVID-19 patients, Elmore and her colleagues searched through more than 9.5 million outpatient visits, nearly 575,000 emergency room visits and almost 250,000 hospital admissions going back more than five years. Medical records that said a patient complained of a cough were included in the analysis.

The researchers counted a total of 2,938 patients who went to a clinic seeking help for a cough in the 13 weeks between Dec. 1, 2019, and Feb. 29, 2020. That was about 1,047 more than the average number of cough patients seen during the same three-month period in the previous five years. It was also about 739 more than the number of patients seen in the winter of 2016-17, which until this year had been the busiest cough season for clinics since 2014.

In emergency rooms, the researchers tallied 1,708 cough patients this past December, January and February. That was about 514 more than the average for the previous five winters, and about 229 more than in 2018-19, the busiest of the five prior winters, the researchers estimated.

Finally, the search of medical records turned up 1,138 patients who were hospitalized in December, January or February and treated for acute respiratory failure. That was about 387 more than the average number of acute respiratory failure patients admitted over the previous five winters, and about 210 more than the number admitted in the winter of 2018-19, the worst of the five earlier winters.

"It is possible that some of this excess represents early COVID-19 disease before clinical recognition and testing," Elmore and her colleagues wrote.

Breaking things down week by week, the study authors found that the number of cough patients coming to clinics this past winter was higher by a statistically significant margin in 10 out of the 13 weeks analyzed. That was also true for cough patients in ERs in six of the 13 weeks. And inside hospitals, the number of patients with acute respiratory distress was significantly higher in seven out of the 13 weeks.

Even if only some of these "excess visits" were from patients with COVID-19, it could still be a sign that the novel coronavirus was silently spreading in and around Los Angeles, the researchers wrote. As became clear later in the pandemic, about 40% of those infected with SARS-CoV-2 never develop any symptoms of illness, and those with minor symptoms might not bother seeking medical treatment. That means the patients who did go to a clinic or hospital probably represent just the tip of the iceberg, the study authors explained.

To be sure, some of these extra cough patients probably had the regular seasonal flu, especially since flu cases peaked earlier than usual this winter, the researchers wrote. It's also possible that the 2019 outbreak of a vaping-related respiratory illness contributed to the excess, they added.

But the idea that the coronavirus was circulating in California even before Dec. 31, when the Wuhan Municipal Health Commission first announced its cluster of unexplained pneumonia cases, might not be far-fetched.

We now know that seven patients treated at Los Angeles County-USC Medical Center in mid-March for a flu-like illness actually had COVID-19. The fact that they all felt well enough to leave their homes and had no clear ties to anyone who had recently visited a COVID-19 hotspot suggests they became infected through sustained community transmission, another group of researchers wrote in the Journal of the American Medical Association.

Similar cases seen in Santa Clara County around the same time suggest the virus was at large in the San Francisco Bay Area by then as well, according to a study in the CDC's Morbidity and Mortality Weekly Report.

We may never know for sure exactly when the coronavirus arrived in Los Angeles — or anywhere else in the United States. Still, the results of the new study show that data gleaned from clinic medical records "can provide an early warning to emergency departments and hospital intensive care units of what is to come," the UCLA team wrote.

"Lessons learned from this pandemic will hopefully lead to better preparation and the ability to quickly provide warnings and track the next pandemic," they added.
 
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this coronaviurs may originate somewhere in US early last year

'Respiratory outbreak' being investigated at retirement community after 54 residents fall ill
Two have died and 18 were hospitalized in Virginia, officials said.

By Enjoli Francis
July 11, 2019, 6:32 PM ET



greenspring-sign-01-ht-jt-190711_hpMain_16x9_992.jpg



Deadly virus outbreak at Virginia retirement homeAccording to the Fairfax County Health Department, 11 days ago 54 people became ill with symptoms ranging from cough to pneumonia, now the "respiratory illness' left 2 dead and many hospitalized.WTTG

Two people have died and 18 others have been hospitalized after a "respiratory outbreak" at a Virginia retirement community, according to officials.

The Fairfax County Department of Health said that 54 individuals had become ill with "respiratory symptoms ranging from upper respiratory symptoms (cough) to pneumonia" in the last 11 days at Greenspring Retirement Community in Springfield.

In a letter Wednesday to residents obtained by ABC News affiliate WJLA-TV in Washington D.C., Greenspring described symptoms as "fever, cough, body aches, wheezing, hoarseness and general weakness."

Benjamin Schwartz, a health department director, told ABC News on Thursday that the outbreak had been reported in the assisted-living and skilled-nursing sections. He said the outbreak began with the first case on June 30.

The sign for Greenspring Retirement Community is shown in Springfield, Virgina.WTTG


fairfax-health-department-ht-jt-190711_hpEmbed_29x16_992.jpg



The specific cause of the outbreak had not yet been identified but additional tests of samples were being done, according to Schwartz.

The assisted-living and skilled-nursing facility in Greenspring is home to 263 residents, Schwartz said. He said the two patients who died in the outbreak had been hospitalized with pneumonia but were "older individuals with complex medical problems."

"One of the things about skilled nursing facilities and assisted living facilities is [that] when you have a lot of people in close proximity, who have underlying medical conditions, there is an increased risk for outbreaks," he said. "Seeing a respiratory outbreak in a long-term care facility is not odd. ... One thing that's different about this outbreak is just that it's occurring in the summer when, usually, we don't have a lot of respiratory disease."

Of those initially hospitalized, seven have returned to the retirement home, said Courtney Benoff, regional communications manager for Erikson Living, which owns the retirement home.

The health department said that although there had been no new hospitalizations in the "past couple of days," residents were still getting sick in the outbreak.

In a statement, Greenspring said that its "highest priority is the welfare of those who live and work on campus."

"In keeping with this commitment the community has acted with an abundance of caution, and in partnership with the Fairfax County Department of Health, has taken all necessary measures to fully implement proven infection prevention and control strategies. We remain vigilant in our response and will continue to provide frequent and transparent updates to residents, staff and family members," the retirement home said in a statement.

The Fairfax County Health Department said it is investigating the incident.

The department said that appropriate measures had been taken to reduce the risk of infection and keep residents safe, including closing the facility to new admissions, cancelling group activities, keeping ill residents in their rooms and increasing cleaning.

Residents experiencing any of those symptoms were urged to call the community's medical center.
ABC News' Amanda Maile, Sarah Herndon and Kyra Phillips contributed to the reporting in this story.
 
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india's economy was already declining since 2017. False data, western support helped mask the decay. Thanks to Covid-19, the cracks have opened up in india's pseudo economic growth. When you calculate the amount of money that has been wasted in red-tape bureaucracy of india, the true decay of its economic state is revealed. To make matters worse, the indians elected fascists to lead their country, now they are reaping the bitter truth.
 
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India is getting beaten up badly in every area.

COVID has caused a humanitarian catastrophe to India.
Indian economy is in complete tatters. Indian military got pummelled by China.

This is what happens when a right wing religious fascist is leading your country. Modi and his RSS terrorists have destroyed and humiliated India to the point of no return.
 
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