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📰 Letter #75 - Dwayne Johnson and his family tested positive / Is China taking advantage of the Pandemic? / Only farm sector output sees growth

Hi. Today on the 75th edition of lettersaboutcovid19.com, here’s 5 point updates about what’s happeni
Letters About COVID19
📰 Letter #75 - Dwayne Johnson and his family tested positive / Is China taking advantage of the Pandemic? / Only farm sector output sees growth
By Salman Mushir • Issue #75 • View online
Hi. Today on the 75th edition of lettersaboutcovid19.com, here’s 5 point updates about what’s happening with COVID-19 in India and across the world.

1. Only farm sector output sees growth 🌾
From @indiatimesinsta
From @indiatimesinsta
The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY 21), marking the first contraction in more than 40 years as COVID-19 pandemic compressed consumer demand and private investments, government data showed.
Trade, hotels, transport and communication saw a dip of 47 per cent while manufacturing shrank by 39.3 per cent. The construction sector took a hit of 50.3 per cent as mining output struggled at 23.3 per cent, and electricity and gas dipped by 7 per cent mostly due to the lockdown triggered by the COVID-19 pandemic.
However, agriculture was the lone bright spot which grew at 3.4 percent.
One reason for this is because the first quarter estimates are based on agricultural production during Rabi season of 2019-20.
Though the lockdown has had an adverse impact on the farmers’ income as many failed to sell their produce, the easing of the restrictions came just around the Rabi harvest season, which witnessed a bumper crop this year, partly thanks to some good rains.
India’s rabi production in the 2019-20 crop year (July to June) is estimated to be around 149.60 million tonnes, 4.10 per cent more than the previous year. Of that, wheat output is estimated at a record 106.21 million tonnes, which is 2.51 per cent more than last year.
In fact, this was the fifth consecutive quarter of agricultural growth surpassing the growth of the economy as a whole.t
In July, Barclays had said that rural India will be key to economic recovery this year and had predicted the growth in agriculture is set to beat a five year average.
“A strong start to the monsoon season, high levels of water availability, record sowing levels and rising rural spending indicate that the rural sector is doing well, which could continue for rest of the year,” it had said.
The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY 21), marking the first contraction in more than 40 years as COVID-19 pandemic compressed consumer demand and private investments, government data showed.
Trade, hotels, transport and communication saw a dip of 47 per cent while manufacturing shrank by 39.3 per cent. The construction sector took a hit of 50.3 per cent as mining output struggled at 23.3 per cent, and electricity and gas dipped by 7 per cent mostly due to the lockdown triggered by the COVID-19 pandemic.
However, agriculture was the lone bright spot which grew at 3.4 percent.
One reason for this is because the first quarter estimates are based on agricultural production during Rabi season of 2019-20.
Though the lockdown has had an adverse impact on the farmers’ income as many failed to sell their produce, the easing of the restrictions came just around the Rabi harvest season, which witnessed a bumper crop this year, partly thanks to some good rains.
India’s rabi production in the 2019-20 crop year (July to June) is estimated to be around 149.60 million tonnes, 4.10 per cent more than the previous year. Of that, wheat output is estimated at a record 106.21 million tonnes, which is 2.51 per cent more than last year.
In fact, this was the fifth consecutive quarter of agricultural growth surpassing the growth of the economy as a whole.
2. Dwayne Johnson and his family tested positive for COVID-19 😿
E! News
Dwayne "The Rock" Johnson is sharing key takeaways after his family tested positive for the coronavirus. https://t.co/eMQxojXmFB https://t.co/2xvgVjG3ib
3. Widely available steroids reduce mortality in severely ill COVID-19 patients, research finds 💊
Research from recent clinical trials indicates that readily available steroids can reduce the rate of mortality among severely ill COVID-19 patients. The data prompted the World Health Organization on Wednesday to issue new guidance advising that COVID-19 patients in the hospital receive the drugs. - Twitter
The New York Times
Breaking News: Cheap, widely available steroids reduce mortality in severely ill Covid-19 patients, researchers found — an “important step forward” in treatment https://t.co/Bgws134Slz
4. Is China taking advantage of the Pandemic? 🇨🇳
China Taking Advantage Of COVID-19, India One Such Example, Says US Diplomat David Stilwell
5. For psychosocial support, please call NIMHANS toll free helpline # 080-46110007 🙇🏻‍♂️
THE END
This newsletter is created by - @salmanmushir, from Bangalore, India. I host a podcast called Salman Needs A Job, and I create content about jobs on my Instagram and YouTube.
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