A search is underway in the plane that was supposed to take off for New Delhi
asia4 hours ago
India will have to order a billion Covid vaccine doses to inoculate a majority of the population, according to a discussion note by the International Monetary Fund (IMF).
“To get to 60 per cent coverage, India will need to immediately place sufficient vaccine orders of about 1 billion doses through contracts that incentivise investment in additional capacity and augmentation of the supply chain,” according to a discussion note, co-authored by IMF’s chief economist Gita Gopinath and economist Ruchir Agarwal.
A report in the Economic Times, which had access to the discussion note, said that it urged India to centralise vaccine purchase. It proposed a three-pronged $50 billion plan to tackle the pandemic in India.
“Efforts should be made to ensure that the projected production capacity will materialise without delay, including through securing the supply chain for raw materials – supported by international efforts to eliminate export restrictions on all critical inputs,” it added.
The paper estimated that additional funding needed by the Indian government to cover the 18-44 age group was 0.25 per cent of GDP. “That is not such a big fiscal cost,” it said. “It is a small amount, and that is something to keep in mind when the cou
A search is underway in the plane that was supposed to take off for New Delhi
asia4 hours ago
Here's a guide that explains how the US electoral college system works and what you can expect in the next few days
americas4 hours ago
The first integrated gaming resort in the Middle East North Africa region will be able to touch 96% of the world population within an eight-hour flight
business5 hours ago
The authority said the collaborative drill will start at 2am on Sunday
uae5 hours ago
At least 211 people were killed in the deadliest flash floods in Spain's modern history
europe5 hours ago
The country has so far sent 18 planes carrying 772 tons, in addition to a ship carrying 2,000 tons of various relief aid
mena5 hours ago
Arnis is officially recognised as the Philippines’ national sport and lobbying efforts are being made to include it in the Olympics
uae6 hours ago
The Abu Dhabi Police warned drivers against swerving, a violation punishable by a Dh1,000 fine
transport6 hours ago