Tag Archives: #SwasthaBharat

“Where words leave off,music begins”..

Music gives soul to the universe,wings to the mind fight to the imagination and life to everything.Music plays an important part in life it has no boundaries and follows no guidelines.Its is just like an air with no shape or definition yet we need it in our life.Music is life in itself.When people are happy, sad,angry and any type of emotion it is music which nourishes the soul and mind.It acts like a pleasant sound which is a combination of melodious and harmony and which soothes the soul.The music consist of Sargam,Ragas,Taals etc. Thus, Everything in harmony has music.Someone has rightly said, “The music is not in the notes but in the silence between”.Music has great qualities of healing a person emotionally and mentally.It is a form of meditation.Music is purest form of worship to God.

India -china on going relation.

India and China are going in locked in an eye ball to eye ball face off in Laddakh with each other.Since 5 May,2020 chinese and indian troops have engaged in face-offs and skirmishes at location along the Sino Indian Border, including near the disputed Hanging lake in Ladakh.In May, chinese objected the construction of Indian road in Galwan river valley.On 15 of June 20 Indian personnel including a colonel,were killed in a clash with Chinese troops in Galwan valley.The clash resulted in biggest confrontation between the two militaries.Indian goverment has taken a decision in order to respond to the border dispute with China.Prime minister Naredra Modi said, has taken a decision of boycotting Chinese application in India ie,zoom ,tik-tok,shareit along with that bycooting chinese goods and this teach “China a lesson”. However various types of action are taken on the economic front including cancellation of certain contacts with Chinese firm.

HERE IS WHY THE PANDEMIC IS GETTING MORE DIFFICULT TO PREDICT AND TRACK

Predictions on covid-19 are growing extremely complicated as the number of cases continues to increase across regions as India entered Unlock 2.0 on Wednesday, the government and scientists have reported.

The pandemic curve has been relatively confined and is starting to flatten since the strict 70-day shutdown implemented on 25 March, yet legislators remain mindful of the resulting increase in cases. States like Kerala succeeded in taking down the count of cases during the lockout but the easing of constraints contributed to a second surge. The condition is such that any covid-19 pandemic forecast may be inaccurate, state health experts said.

“The infection was imported and located in urban areas with a concentration in metros in the first two months, but has now moved to peripheral districts and small cities. This movement has given an impression that cases are decreasing in some areas, while in others there is a surge in cases. However, this is about the movement of infections and population,” said Dr Jugal Kishore, professor and head, department of community medicine, Safdarjung Hospital.

Delhi has the highest case load among cities with more than 87,000 cases. “We have increased testing in Delhi. Initially, on testing 100 people, around 31 were found to be positive and today only 13 out of 100 people were found to be positive. These things show that the situation is under control and is not as terrible as it was one month back. However, we have to be cautious,” said chief minister Arvind Kejriwal.

Over the past week, Delhi has been reporting more than 2,000 cases daily. “Delhi’s fixed population is showing less cases for 3-4 days, but new cases will continue because a large number of the Delhi population is floating,” said Kishore.

In all major states affected with covid-19 , Karnataka has also seen a significant increase since it opened its frontiers. In the last two weeks, however, the number of local infections has also increased, indicating the possibility of community spread. The number of cases has risen dramatically in Bengaluru, raising concerns of yet another lockout in the state capital.

Karnataka has now crossed the 15,000 covid-19 case threshold ahead of expectations, and by mid-August at least 25,000 cases are now expected. The state government has asked doctors to be prepared mentally to continue the struggle for another six months.

Health experts said the number of cases will increase because of the onset of the monsoon, which is also a season for influenza. “There will be a greater number of covid-19 cases as the influenza season will come. There will be a double problem. The cases that we are seeing now are reservoirs of the lockdown. Soon after the movement started, the cases also started increasing. We will see a further increase. The disease continues to be unpredictable,” said Lalit Kant, a scientist and former head of epidemiology and communicable diseases at ICMR.

India’s recovery rate improved to 59.43%. “During the last 24 hours, 13,157 covid-19 patients have been cured, taking the cumulative figure to 357,612. Presently, there are 226,555 active cases and all are under medical supervision,” the Union health ministry said. As on Wednesday, India recorded 601,952 covid-19 cases, with 17,785 deaths.

Source:https://www.livemint.com/news/india/pandemic-s-spread-is-getting-tricky-to-predict-says-govt-11593656412642.html

US SUPPORTS INDIA’S BANNING OF CHINESE APPS

India’s ban on 59 Chinese applications, including the famous TikTok, has been widely noted in the US, including by some influential lawmakers, who have urged the US government to follow suit as the short video-sharing app is believed to pose a major security risk to the region.

India blocked 59 Chinese-linked apps Monday, including TikTok and UC Browser, saying they were harmful to the country’s sovereignty, dignity and security.

The prohibition, which comes against the context of India’s current stand-off with Chinese troops along the Line of Actual Control in Ladakh, is also relevant to WeChat and Bigo Live.

“India bans TikTok and dozens of other Chinese apps in the wake of the deadly clash,” powerful Republican Senator John Cornyn said in a tweet as he tagged a news report in The Washington Post.

Republican Congressman Rick Crawford tweeted that “TikTok must go and it should have been gone yesterday.”

Last week, US National Security Advisor, Robert O’Brien had alleged that the Chinese Government is using TikTok for its own purposes.

“On TikTok, a Chinese-owned social media platform with over 40 million American users, probably a lot of your kids, and younger colleagues, accounts criticising the CCP (Chinese Communist Party) and Beijing’s policies are routinely removed or deleted,” O’Brien said in his public remarks.

At least two proposals in the U.S. Senate are pending to prohibit federal government employees from using TikTok on their mobile phones, suggesting such a sentiment could build steam in the U.S. following the move by India.

“Would that be the same Chinese TikTok that was used to tank attendance at the Tulsa Rally?” tweeted Peter Navarro, Assistant to the US President for Trade and Manufacturing Policy, as he tagged a news report from The New York Times on India’s decision to ban these Chinese social media apps.

Fox News anchor Laura Ingraham urged the US to do the same. “LEADING THE WAY, WHERE’S THE U.S.? India bans dozens of Chinese apps including TikTok” she said in a tweet.

Author Gordon Chang said that India just banned 59 Chinese apps, including TikTok. “Why can’t the US do the same?” he asked.

According to Forbes, now with developers launching the latest clipboard alert in the beta edition of iOS 14, TikTok seems to have been caught abusing the clipboard in a rather remarkable manner.

“So it seems that TikTok didn’t stop this invasive practice back in April as promised after all,” it said.

An amendment added to the “Moving Forward Act” being considered this week in the US House of Representatives forbids Transportation Security Administration (TSA) officers using the TikTok in smartphone device.

In April, Republican Senator Joshua David Hawley, passed a bill banning federal workers from accessing the TikTok social network camera platform on government-issued computers.

“This is a necessary step to protect the security of the US,” he said. A similar legislation has been introduced in the House of Representatives by Congressman Ken Buck.

“It (TikTok) is owned by a Chinese company that includes Chinese Community Party members in leadership and it is required under Chinese law to share user data with Beijing,” said Senator Hawley, Chairman of the Senate Judiciary Subcommittee on Crime and Terrorism, during a recent Congressional hearing.

“TikTok has admitted that it has sent user data to China. To put it bluntly, this is a major security risk for the American people,” Hawley said.

Source:https://www.livemint.com/companies/news/support-in-us-for-india-banning-tiktok-and-other-chinese-apps-11593585422772.html

THE FUTURE OF EDUCATION IS HERE

Until recently, people at Lido Learning, a new educational startup company, would often be cut short by potential customers as soon as they heard “online tuitions.” Of the parents who did not hang up, only a quarter of the rest or one out of three would end up buying a subscription. By March, Lido Learning, whose educators gave math, science and English lessons on the internet to students from grade IV-IX in real time, had sold to students from grade IV-IX.

The organization increased its subscription revenue over the following three months.  Students are currently spending 90 minutes on an average on the network each day, which can be seen as a substantial increase as compared to max. an hour earlier. A  distribution team comprising of only 200 odd personnel  has made marketing much more efficient and smoother. Rather than illustrating the idea of online schooling to customers, what the organization wants to do now is show them how “we ‘re better than others,” said Sahil Sheth, CEO of Lido Education.

The company, Vedantu, the industry pioneer in K-12 live classes (kindergarten through grade XII), was hit by the influx of new students in early April, causing an unprecedented shortage of teaching assistants. The company’s teachers were now instructing 1,000 students instead of 300-400 students in each class. 1 million students attended live classes on Vedantu in May, up from 200,000 in usual times. Only a small fraction of these were paid users, but monthly revenues still jumped by more than three times from January, CEO Vamsi Krishna said. “What was happening in a year’s time in terms of growth happened in three months’ time,” he said.

The pandemic-driven growth of online education has been so broad that it’s tough to locate an educational company that hasn’t taken a parallel route. From industry giants to smaller companies, investors are quite optimistic this is the sector’s defining moment.

In India, education has always had a quasi-religious significance, as a degree is seen as the only means of prosperity. With schools and colleges shut down, disarray entrance exam schedules, inaccessible offline classes, parents and students are even more concerned about the future than usual, prompting them to try online tuitions like never before.

“Usually, when a new category is being created, companies have to spend hundreds of millions of dollars on advertising over 8-10 years to get customers to shift from offline to online. In the case of edtech, this is happening super-fast because of the lockdown and because all the schools have gone online,” Lido Learning’s Sheth said.

The online education industry continues to be split into two categories by founders and investors: K-12 and post K-12. Both divisions, which in effect have several different verticals, had evolved rapidly anyway. The growth has been massively exacerbated by the pandemic. By 2022, the K-12 industry would grow by six times to approximately $ 1.7 billion, while the post K-12 sector would rise by nearly four times to $1.8 billion, RedSeer Consultancy predicts.

On the other side, funds are lined up to obtain shares in start-ups in healthcare. Byju’s, Unacademy and Vedantu, three prominent startups in education, are all raising large amounts of capital at soaring valuations. Over a dozen smaller startups, including Lido Learning and WhiteHat Jr, are in talks to raise between $5-50 million to anywhere.

Source:https://www.livemint.com/education/news/the-hope-and-hype-driving-online-education-11593433643546.html

GOVERNMENT LIKELY TO SPEND MUCH LESS THIS FISCAL YEAR

Rationalisation of expenditure by the government for the second quarter of the current fiscal year has led to rising concerns. Fear’s have plummeted as many believe that the government may end up spending way less than the budget level, it has previously estimated, this would result in the economy taking even longer to recover than before.

Lower revenue intake and rising debt rates of central and state governments due to increased borrowing to cope with COVID-19 pandemic-related spending have also contributed to worries about the debt-GDP ratio crossing the 80 per cent notional red line from the 70 per cent rate seen in the last fiscal period. Nevertheless, the worries are being challenged by some analysts who stress the need to focus on economic recovery and prosperity instead of relying exclusively on debt figures, with high economic costs of debt reining in terms of jobs and loss of life and wellbeing.

Last week, the Finance Ministry released spending control guidelines in the quarter of July-September, extending an earlier order for the cash management system, dated April 8. The April order had grouped divisions of government and ministries into three, detailing their April-June quarter budget limit. Class A has without limitation ministries and agencies such as the Department of Agriculture, Cooperation and Farmers’ Welfare, the Ministry of Civil Aviation, the Department of Health and Family Welfare, the Department of Rural Development and the Supreme Court of India.

Category B ministries and departments such as fertilizers, taxation, home affairs, election commissions and road and highways are expected to restrict spending to 20% of the 2020-21 budget total, whereas Category C ministries such as petrochemicals, energy, commerce, telecommunications, education , housing and urban affairs will only spend 15% of the budget.

The budget rationalization is likely being undertaken to allow enough headroom to dovetail the stimulus package unveiled last month, particularly when receipts are projected to be significantly smaller than this year’s projections. Direct taxes dropped by more than 25 per cent in the first quarter, though GST collections were just 45 per cent of the monthly mark. Economists point to some key aspects of the stimulus program, such as the allocation of funds to micro, small and medium-sized businesses under the 100 percent Emergency Credit Line Guarantee System that are failing to take off, thus exacerbating the effects of the continuing reduction of government spending.

With insufficient cash outgoing, fiscal support from the government in the aftermath of the COVID-19 pandemic has been constrained. Schemes that are part of the stimulus plan, such as providing funds to micro, small and medium-sized enterprises under the 100% Emergency Credit Line Guarantee Programme, are failing to take off, with banks able to disburse a little over 7% of the volume distributed under this heading over the last one month. For MSMEs, hard hit by the pandemic lockdown, credit remains a challenge amid the demand slump. Official data shows that as of June 18, state-owned banks sanctioned loans worth Rs 40,416 crore under the scheme, of which Rs 21,028.55 crore has been disbursed, which is a little over 7 per cent of the Rs 3 lakh crore package under this head.

Source:https://indianexpress.com/article/explained/explained-why-the-government-is-likely-to-spend-much-less-this-fiscal-6481331/

HOW THE 1948 OLYMPIC GAMES PLAYED AN IMPORTANT ROLE IN THE AFTERMATH OF WW1

Japan had to agree to an unprecedented one year postponement from the initial insistence that the Olympics would be held on the originally stipulated dates with the usual pomp and pageantry. So now with the Covid-19 pandemic unlikely to depart early, the organisers have acknowledged that if they are cut down to keep expenses so safety risks in place, the only way the Games will be played in 2021 will be. This dream of a “simplified” Olympics – to use Tokyo Governor Yuriko Koike ‘s term – entails ending the one-year countdown to the revamped Games, set for July 23 to August 8 next year, watering down the opening and closing ceremonies.

The organizers plan to check every fan, athlete, coach, and official .  Additionally, the movement of everyone participating in the Games is likely to be considerably limited, in whatever capacity. Both these steps are even more important when the International Olympic Committee has announced that the Olympics will not be delayed again, but will be canceled if they will not take place next year in July-August.

he ongoing pandemic is considered the world’s greatest societal threat since the Second World War. In the wake of which, the London Games of 1948—and sports — helped the world bounce back, that also played a role in morale-boosting. One key difference is that Tokyo had already made arrangements for a grand edition of the Games, and will now have to scale them down, but when the world recovered from the war, London 1948 could not afford the expenditure. Many parts of London still sport a dilapidated look from the bombings. There had been a shortage of certain supplies and the tight rationing for residents for the everyday necessities. In contrast to the Games Village set up at Tokyo Bay, the male athletes in 1948 were housed at Royal Air Force camps while the women stayed at colleges.

As The Guardian writes: “Not only was there no new Olympic stadium, there was no new velodrome, aquatics centre or handball arena either. Nor was there a purpose-built Olympic village… The organisers laid on bedding but asked contestants to bring their own towels.”

By throwing 800 tons of cinders over the greyhound course, they have turned Wembley into an athletics venue.No wonder they were called the ‘Austerity Games’ instead of the 1948 Olympics.It was tough for even British athletes to get the food that were considered essential in their sports for maximum results, which could explain the meagre haul of three gold, 14 silver and six bronze medals in the host country. There were also teams who carried their own food to the Tournaments.

Yet today the Games are remembered for the achievements of likes of Fanny Blankers-Koen, the 30-year-old Dutch mother of two, who won four gold medals, and Emil Zatopek, of Czechoslovakia, who took home the 10,000 m win.

To India, playing for the first time as a free nation at the Olympics, the highlight was its fourth consecutive hockey gold medal – that too beating Britain, its former rulers, in their own backyard.

But the Games — featuring 59 countries, with defeated powers Japan and Germany, kept out and the Soviet Union declining to participate — also brought people some relief amid their post-war struggles. The Guardian writes that the 1948 Olympics even managed a profit of almost £30,000, something unthinkable in the present age of ballooning budgets.

Today, the world is much more interconnected than it was in 1948. If the 2021 Olympics do take place, it will not be just about the sporting achievements. As Emil Zatopek had said at the end of the 1948 Games: “After all those dark days – the bombing, the killing, the starvation – the revival of the Olympic Games was as if the sun had come out… Suddenly there were no frontiers, no more barriers, just the people meeting together.”

Source:https://indianexpress.com/article/explained/explained-when-olympic-games-brought-cheer-after-a-crisis-in-1948-6478167/

DELHI’S RISING NO. NOT PERMANENT

As predicted, on Wednesday Delhi overtook Mumbai to become the region with the country’s largest number of novel Coronavirus cases. Delhi now has over 70,000 cases, of which roughly 40,000 have been detected during the last two weeks. These are around 800 fewer Mumbai has.

Yet it’s doubtful this condition will remain permanent. Delhi’s surge can be attributed to a marked increase in the number of samples tested by the city late, particularly after deploying the recently approved rapid antigen tests, which yield results in just about half an hour. The number of tests in Delhi has risen from around five to seven thousand a day in the last ten days to close to 20,000 on Wednesday.

On the other side, Mumbai performed very small experiments, between 4,000 and 4,500 a day. But Mumbai too, having ordered one lakh fast antigen kits, is now all set for an increased check. Mumbai ‘s case numbers are also expected to go up when these experiments continue to be implemented. There is already some criticism that Mumbai has spread its test net quite thinly, targeting only the primary contacts of the infected and those at the highest risk of infection. The real number of cases in Mumbai may be much higher, but since the results are small, this is not being observed.

Meanwhile, Delhi has also decided to carry out door-to – door monitoring to detect the disease early and minimize the spread. Mumbai has been doing this exercise on a smaller scale for some time, and he’s had some success. Door-to – door screening results in early identification of suspected outbreaks, thus reducing the number of individuals to which the virus can be spread. This exercise could theoretically halt or delay the growth of Delhi events.

Door-to – door surveillance is now expected in Madhya Pradesh as well as starting July 1. The test is part of a fortnight-long program to step up measures to curb the virus’ spread. The disease has also accelerated dramatically in the state. Indeed, Madhya Pradesh is the slowest growing country among major states, with growth rates below 2%.

One city which was lauded for its efforts to monitor the spread of the virus until quite recently is Bengaluru. It had succeeded in avoiding the fate of Delhi , Mumbai, Ahmedabad, Chennai , Hyderabad, Pune or Kolkata. Over the last few days, though, the situation has improved somewhat, but it is better than the other big cities. More than 1,000 new cases have been identified this month in the region, while about 70 people have died. Local officials are now considering a partial shutdown to curb the rise.

In Chandigarh, a weekend shutdown is also being considered, but it is more to do with people who do not follow basic laws of physical distance than any big surge in cases. Chandigarh has only 420 confirmed illnesses, many of which didn’t meet physical distancing rules. Nevertheless, merchants and shopkeepers have resisted any attempt to enforce a weekend lockout. Punjab also follows the pattern of lockout at the weekend.

On Wednesday about 17,000 new cases were reported across the country bringing the overall number of infections above 4.7 lakh, of which about 2.6 lakh have recovered. Close to 15,000 people have died in India so far because of the disease.

Source:https://indianexpress.com/article/explained/india-coronavirus-cases-explained-delhi-mumbai-covid-cases-deaths-6475436/

ITC SPELLS TROUBLE FOR M&M

A US regulator ruled that India’s Mahindra and Mahindra Ltd infringed Fiat Chrysler Automobiles NV’s (FCA) Jeep brand’s intellectual property rights, barring the selling of the vehicles involved.

The International Trade Commission, in a decision released late Thursday, issued a limited exclusion order prohibiting sale or import of the infringing vehicles and parts, as well as a cease and desist order to Mahindra and its North American unit. According to the the ITC, Mahindra’s Roxor off-road utility vehicle violated the “trade dress” of FCA’s Jeep Wrangler SUV.

Trade dress consists of the unique features that distinguish a product and is generally accepted by the public as having been identified with that product. FCA, for example, sees the boxy body form of the Jeep Wrangler, front grille and round headlights as distinct from the model. The order is automatically effective but the U.S. Trade Representative has 60 days for policy reasons to potentially disapprove. The ITC, which originally began its investigation in September 2018, has since last November been evaluating the original decision of an administrative law judge. The outbreak of coronavirus postponed ITC announcement.

Mahindra said in a statement on Friday that the vehicle subject to the ITC action is no longer in production and the 2020 design was refreshed.

“The company and Mahindra Automotive North America … remain resolute in its position that the Roxor does not dilute or violate Jeep’s trade dress,” Mahindra said, adding it was weighing options with respect to an appeal during the review period or in federal appeals court.

FCA said in a statement it was pleased with the decision and that the Italian-American automaker reserved further comment while it studied the ruling.

The Roxor is assembled in Auburn Hills, north of Detroit. Mahindra on Friday reported a quarterly loss and was pushing to cut costs during the outbreak.

Mahindra & Mahindra began it’s journey in 1945, with them getting into the steel business first, and then over time, expanded to 22 key industries. As need for change was felt in the agricultural practices

M &M entered into that sector right before the agriculture revolution began in India. We became one of the key torch-bearers of the IT revolution in our country.They focus mostly lies in developing alternate energy sources because they have propagated a lot towards energy-conservation believe energy conservation will play a huge role in ensuring a better future – for not just our country and communities, but the entire world.

One of the more important sector that they are involved in is Agriculture.They are known to empower farmers with the most relevant technology and agricultural know-how, and link them to the market, so as to maximize their returns and to ensure they get better returns. Their agricultural inputs, advisory services, and output procurement businesses all aim to deliver continued Farm Prosperity, while their Farm-to-Fork model ensures stringent quality checks throughout the supply chain.They have also been known to partake in many charities as well as is considered to be one of the few multi-national companies in the world to have actively taken steps towards prevention of environmental degradation.

Source: https://in.reuters.com/article/fiat-chrysler-mahindra-complaint/u-s-regulator-sides-with-fca-in-jeep-trade-case-against-mahindra-idINKBN23J2E8

luxury food industry amasses heavy losses due to the virus

Global demand for luxury foods such as wagyu beef, bluefin tuna and caviar has plummeted into decline in the wake of the coronavirus pandemic, with thousands of restaurants shuttered.

The luxury food industry may be among the hardest affected because it depends heavily on restaurants and top hotels for ordering deluxe goods from caviar to champagne, because tight shutdown efforts to curb the epidemic ravage global economic activity. While some gourmet food manufacturers are specifically targeting customers to remain alive, some have been compelled to slash production since some goods have lost nearly half their value since the beginning of the year.

Jean-Marie Barillere, co-chairman of champagne producers’ lobby CIVC in France, said he hoped people would celebrate the easing of lockdown with a bottle of champagne, but expected a difficult end to the year. “This is really a period that looks like a war time,” he said.

Bookings data compiled by OpenTable, an online restaurant reservation service, showed this year a decline of nearly 80 percent year-on-year in seated restaurants in the United States, UK , Germany, Canada , Australia, Ireland and Mexico. Restaurants is among the world’s hardest-hit industries

“People will not want to taste a Chateau Petrus wine, a lobster or caviar under a bell jar,” said Michel Berthommier, managing director of Caviar Perlita in southwestern France. “If you force people to eat in these conditions they will prefer going to fast foods.”

Premium foods was “one of the worst hit sectors worldwide”, said Ole Houe, director of advisory services at agriculture brokerage IKON Commodities in Sydney. He said he did not expect a prompt recovery given many countries were in recession. Falling demand has already taken a toll on the prices of luxury items.

In Tokyo, the price of top-quality wagyu beef cuts fell around 30% from a year ago, bluefin tuna – deemed the best in Japan – fell more than 40% during that period, while Shizuoka’s popular ‘Earl’s melons’ prices dropped 30%. Russia’s largest breeding sturgeon business-Russian Caviar Shop-meanwhile gave Beluga hybrid caviar a 30 per cent discount.

“Spring and summer are always low seasons for the caviar market, but if we compare this period with previous years, the sales in Russia are down 50%,” said the firm’s owner Alexander Novikov.

In France, caviar prices languished near historic lows, champagne sales tumbled, while foie gras producers have had to cut output to prop up prices. Cifog, a foie gras producers’ group, said restaurants account for 40% of total foie gras sales. “Mid-March it felt like the sky had fallen on us,” said Florian Boucherie, who produces 2 tonnes of foie gras per year in France.

To plug the yawning gap left by eateries, many high-end food producers are attempting to reach consumers directly via e-commerce platforms. Others are steering more produce onto supermarket shelves. “We are accelerating our supply of products into some of the world’s largest supermarkets, gourmet butchers and direct to consumers online,” said Hugh Killen, chief executive of Australia’s largest listed beef producer, Australian Agricultural Company.

In Japan, top sushi chefs pay 400,000 yen ($3,737.97) for 10kg of the best cuts of tuna compared to the 25,000 yen paid by supermarkets for 10kg of lower value cuts, said Yukitaka Yamaguchi, owner of Yamayuki tuna brokerage at Toyosu Market in Tokyo. He said “the best part of (the) tuna” was usually sold first to high-end sushi restaurants but when these closed the “harakami had nowhere to go.” They eventually started offering high-quality tuna to fish retailers and supermarkets. For now, Yamaguchi has had to park plans to retire as he has accumulated debt during the pandemic. “I had planned to retire when I turn 60, but that’s no longer possible,” he said.

Source:https://in.reuters.com/article/health-corononavirus-food-premium/luxury-food-industry-turns-sour-amid-global-coronavirus-lockdowns-idINKBN23J0SR