Israel, on the other hand, is gearing up for large scale serology tests in order to gauge the proportion of population which has developed antibodies against the novel coronavirus. Israel, whose aggressive response to the coronavirus has held its fatality rate to a fraction of those of the United States and other hard-hit nations, is readying a nationwide serological test of 100,000 citizens. Moshe Bar-Siman-Tov, director-general of Israel’s Health Ministry, said that if antibody tests show a sizable portion of the population has developed antibodies, that could mean Israel is on its way to “herd immunity” and would be well equipped to withstand further outbreaks. Meanwhile, studies have estimated the percentage of Israelis with antibodies range widely, from less than 1% to upward of 10%. … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?
As people return to work, transit systems will need to do a better job of supporting bike ridership, which has already grown substantially across Europe and, to a lesser extent, the U.S. during the COVID-19 era. And no wonder: People cooped up at home are looking for a fun, safe way to get some fresh air, and an alternative to the close confines of public transportation. One design firm has released a concept that makes commuting by bike a little bit easier. … [Read more...] about How social distancing could make public transportation more bike-friendly
Road to Credit Guarantee CorporationThe government formed a working group comprising custodians of the nationalised banks. In its report, the group said while the objective of giving loans to neglected areas was noteworthy, it will also lead to risks for the banking system. The best way would be to pool these risks and cover them under a common guarantee scheme. To avoid moral hazard, guarantees would be capped at 75 percent of the losses so that banks do proper loan appraisal. The guarantee fee was pegged at 0.25 percent of the loans, open to review. Interestingly, the government credit guarantee scheme had a fee of 0.1 percent for SSIs. … [Read more...] about Credit guarantees of 1970s make a comeback
"Even if industries are allowed to function in some areas, allowing manufacturing in certain areas in isolation will not help matters. A factory cannot be opened unless all the accompanying services such as courier and transport among other services are allowed," says Anil Bhardwaj, Secretary-General, Federation of Indian Micro, Small and Medium Enterprises (FISME). … [Read more...] about Without ancilliary services, MSMEs can’t resume operations even after April 20
Further, to ensure that the whole ecosystem for truck drivers and supply chain does not get disrupted, shops for truck repairs and dhabas on highways will be allowed to operate, with a stipulated minimum distance, as prescribed by the state authorities. … [Read more...] about Coronavirus Lockdown 2.0 Guidelines | Empty trucks will be allowed to ply to ease supply chain operations