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India's Sustained Economic Recovery Will Require Changes to Its Bankruptcy Law - Carnegie India - Carnegie Endowment for International Peace


Summary
One of the key drivers of economic recovery in India will be the efficient movement of capital from inefficient firms to efficient ones. The economic downturn caused by the coronavirus pandemic has been severe, and India’s economy was one of the worst affected in 2020–2021. Though the economy is recovering faster than initial estimates, sustained economic recovery will not take place if stressed businesses cannot restructure their debts properly or if failing firms cannot be resolved efficiently. India’s bankruptcy law is key to solving these challenges.
In 2016 India enacted the Insolvency and Bankruptcy Code, 2016 (IBC), which was a landmark reform to the nation’s financial system and the first comprehensive law to regulate insolvency. ....

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Best Stress Busters When You Have Rheumatoid Arthritis

Best Stress Busters When You Have Rheumatoid Arthritis
everydayhealth.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from everydayhealth.com Daily Mail and Mail on Sunday newspapers.

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Bolstering Family Income Is Essential to Helping Children Emerge Successfully From the Current Crisis


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End Notes
[1] CBPP analysis of U.S. Census Bureau’s basic monthly Current Population Survey (CPS) public use microdata files. Figures are not seasonally adjusted.
[2] U.S. Department of Labor, Bureau of Labor Statistics, Supplemental data measuring the effects of the coronavirus (COVID-19) pandemic on the labor market, Table 9, at https://www.bls.gov/cps/effects-of-the-coronavirus-covid-19-pandemic.htm.
[3] CBPP analysis of U.S. Census Bureau’s basic monthly CPS public use microdata and COVID-19 supplemental data files at www.census.gov/data/datasets/time-series/demo/cps/cps-supp cps-repwgt/cps-covid.html. The Labor Department reports that, counting workers with paid absences from work, as well as those who lost some work in the last four weeks but still worked in the last week, a total of 14.8 million adults were unable to work at some point in the last four weeks because their employer closed or lost business due to the coronavirus pandemic. ....

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COVID-19 AND YOUR HEALTH PART 2: MAINTAINING MENTAL HEALTH


The effects of the COVID-19 pandemic and subsequent lockdowns over the past year have taken a physical and mental tole on people worldwide. In part 2 of a two-part series, reporter Cassidy Taylor has statistics on how the pandemic has affected mental health overall and what you can do to improve your own mental health…
An August 2020 publication in the Cognitive Therapy and Research journal reported that the perceived stress related to COVID-19 is associated with a greatly elevated risk of anxiety and depressive disorders, and that the impact of COVID-19 on mental health can be worse for individuals’ experiences with the virus, including personal diagnosis and the death of loved ones. ....

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