Many researches around the world are frantically searching for the elusive vaccine to COVID 19. There are rumours at every corner either saying vaccine is there or never.In the morning news some scientist says there is probably no vaccine as it is like common flu or cold and 'herd immunity' is a better solution than lockdown.In the evening some scientist claims that there has been a breakthrough in finding a vaccine and till it is available everybody should be under lockdown.Next day morning another renowned medical expert asks how can you have a vaccine for 10 different mutated versions of Covid 19.Another nobel laureate says there cannot be a vaccine for lab made designer virus.Third day another pharma company claims antibody breakthrough and then fourth day another one debunks yesterday's claim and says their new medicine is a miracle cure. Finally another scientist says this pandemic is exaggerated and the mathematical models should not be considered by Govts for formulating their policy responses.The common man is dumbfounded and thoroughly confused and Govts are at their wits' end. The confused folk are now saying either let us work and earn or allow us to die in peace at our choice. To die or not to die is Govt's choice or individual's choice. But somebody is turning the old proverb on its head "Live and let others live" and saying "pl. dont die and let others die".
Few points on COVID 19 tracking and for augmenting govt. finances that may be useful.
1)The asymptomatic out of those tested positive is around 80% based on the current statistics in India. So India should also separately track Symptomatic patients every day. This trend should be seen along with SARI, ILI(influenza like Illness) as testing is not enough in many states.
2)With ref. to economy , the Govts are in dire straits.They want money. One way to get money is to sell the Assets or pledge them and get money. Another is to hike taxes on petroleum goods,liquor and other sin goods and on people with surplus money. So, Securities Transaction Tax is an easy target. People with money are in Stock market and so even doubling STT at this point in time should not hurt anybody.Temporarily the market sentiments may be hit but once the fundamentals are back, doubling STT will yield good money for the Govt. Long term capital gain on securities which involves cumbersome calculations may be removed to compensate for this.STT is simpler to understand and easy to comply with
Few points on COVID 19 tracking and for augmenting govt. finances that may be useful.
1)The asymptomatic out of those tested positive is around 80% based on the current statistics in India. So India should also separately track Symptomatic patients every day. This trend should be seen along with SARI, ILI(influenza like Illness) as testing is not enough in many states.
2)With ref. to economy , the Govts are in dire straits.They want money. One way to get money is to sell the Assets or pledge them and get money. Another is to hike taxes on petroleum goods,liquor and other sin goods and on people with surplus money. So, Securities Transaction Tax is an easy target. People with money are in Stock market and so even doubling STT at this point in time should not hurt anybody.Temporarily the market sentiments may be hit but once the fundamentals are back, doubling STT will yield good money for the Govt. Long term capital gain on securities which involves cumbersome calculations may be removed to compensate for this.STT is simpler to understand and easy to comply with
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