The Catastrophe Containment and Relief Trust is a bailout fund of the International Monetary Fund. [1]
On 13 April, the IMF announced that 25 member countries had applied to the CCRT fund for relief of the COVID-19 pandemic. [1]
Frequently Asked Questions on the Catastrophe Containment and Relief Trust
The COVID-19 pandemic in India is part of the worldwide pandemic of coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2. The first case of COVID-19 in India, which originated from China, was reported on 30 January 2020. India currently has the largest number of confirmed cases in Asia, and has the second-highest number of confirmed cases in the world after the United States with more than 10.3 million reported cases of COVID-19 infection and more than 150,000 deaths as of January 06, 2021. The per day cases peaked mid-September in India with over 90,000 cases reported per day and have since come down to below 15,000 as of 2021 January.
Flattening the curve is a public health strategy to slow down the spread of the SARS-CoV-2 virus during the COVID-19 pandemic. The curve being flattened is the epidemic curve, a visual representation of the number of infected people needing health care over time. During an epidemic, a health care system can break down when the number of people infected exceeds the capability of the health care system's ability to take care of them. Flattening the curve means slowing the spread of the epidemic so that the peak number of people requiring care at a time is reduced, and the health care system does not exceed its capacity. Flattening the curve relies on mitigation techniques such as hand washing, use of face masks and social distancing.
The Families First Coronavirus Response Act is an Act of Congress meant to respond to the economic impacts of the ongoing COVID-19 pandemic. The act provides funding for free coronavirus testing, 14-day paid leave for American workers affected by the pandemic, and increased funding for food stamps.
The first case of the COVID-19 pandemic in the Indian capital Delhi was reported on 2 March 2020. Delhi has the sixth highest number of confirmed cases of COVID-19 pandemic in India after Maharashtra and Tamil Nadu. The total of infected people reported as on 22 September 2020 is 253,075 consisting of 5,087 deaths and 216,401 recovery.
The first case of the COVID-19 pandemic in the Indian state of Andhra Pradesh was reported in Nellore on 12 March 2020. A 24-year-old who was confirmed positive for coronavirus, was also its first victim. He had travel history to Italy. The Andhra Pradesh Health department has confirmed a total of 5,37,687 cases, including 4,702 deaths and 4,35,467 recoveries, as of 10 September. The virus has spread in 13 districts of the state, of which East Godavari has the highest number of cases.
The COVID-19 pandemic was first confirmed in the Indian state of West Bengal on 17 March 2020 in Kolkata. The Health and Family Welfare department of Government of West Bengal has confirmed a total of 2,21,960 COVID-19 positive cases, including 24,648 active cases, 4,298 deaths and 1,93,014 recoveries, as of 20 September 2020.
The economic impact of the 2020 coronavirus pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy. Notably India had also been witnessing a pre-pandemic slowdown, and according to the World Bank, the current pandemic has "magnified pre-existing risks to India's economic outlook".
On March 15, 2020, during a video conference of the SAARC Heads of State and Government, Indian Prime Minister Narendra Modi proposed a Coronavirus Emergency Fund. This emergency fund was set up in response to the global coronavirus pandemic. The initiative seeks to mitigate the risks associated with the coronavirus pandemic in the South Asian region. The other members of the SAARC expressed their support of Narendra Modi and his proposal for the coronavirus emergency fund.
On 23 March 2020, the Government of India under Prime Minister Narendra Modi ordered a nationwide lockdown for 21 days, limiting movement of the entire 1.3 billion population of India as a preventive measure against the COVID-19 pandemic in India. It was ordered after a 14-hour voluntary public curfew on 22 March, followed by enforcement of a series of regulations in the country's COVID-19 affected regions. The lockdown was placed when the number of confirmed positive coronavirus cases in India was approximately 500. Observers stated that the lockdown had slowed the growth rate of the pandemic by 6 April to a rate of doubling every six days, and by 18 April, to a rate of doubling every eight days.
The MusiCares COVID-19 Relief Fund was established during the COVID-19 pandemic to provide relief to music industry professionals that lost their jobs as a result of the pandemic. It was started when both MusiCares and The Recording Academy donated $1 million. The fund received donations from Amazon Music, Facebook, Sirius XM, Pandora Radio, Tidal, Spotify, and YouTube Music.
The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund was created on 27 March 2020, following the COVID-19 pandemic in India. The fund will be used for combating, and containment and relief efforts against the coronavirus outbreak and similar pandemic like situations in the future. Although the documentation for the constitution of the fund has not been made public, the Government of India has stated that the Prime Minister of India, Narendra Modi, is the chairman of the fund, and that trustees include the Minister of Defence, Rajnath Singh; Minister of Home Affairs, Amit Shah, and Minister of Finance, Nirmala Sitharaman, in the Government of India.
The first case of the COVID-19 pandemic in the Indian state of Tamil Nadu was reported on 7 March 2020. Tamil Nadu has the fifth highest number of confirmed cases in India after Maharashtra, Karnataka, Andhra Pradesh and Kerala. All 37 districts of the state are affected by the pandemic, with capital district Chennai being the worst affected.
The first case of the COVID-19 pandemic in the Indian state of Rajasthan was reported on 2 March 2020 in Jaipur. The Rajasthan Health Department has confirmed a total of 29,835 cases, including 563 deaths and 21866 recoveries as of 20 July 2020. All districts in the state have reported confirmed cases of which, Jaipur is the worst-affected.
The COVID-19 pandemic has greatly impacted the international and domestic economies. Thus, many organizations, private individuals, religious institutions and governments have created different charitable drives, concerts and other events to lessen the economic impact felt.
Saving Our Selves: A BET COVID-19 Relief Effort, or simply, Saving Our Selves, was a 2020 television special which aired on the American television network BET on April 22, 2020, during the COVID-19 pandemic. Hosted by Anthony Anderson, Kelly Rowland, Terrence J, and Regina Hall, the two-hour special was made to raise funds for the BET COVID-19 Relief Effort Fund, established by BET in collaboration with United Way Worldwide, aimed to support African Americans who have been severely impacted by the pandemic.
Artist Relief is an emergency initiative founded in 2020 by a coalition of national arts grantmakers to offer financial and informational resources to artists across the United States in response to the coronavirus-19 epidemic.
The federal government of the United States has initially responded to the COVID-19 pandemic in the country with various declarations of emergency, some of which led to travel and entry restrictions, and the formation of the White House Coronavirus Task Force. As the pandemic progressed in the U.S. and throughout the rest of the world, the U.S. government began issuing recommendations regarding the response by state and local governments, as well as social distancing measures and workplace hazard controls. Following the closure of most businesses throughout a number of U.S. states, President Donald Trump announced the mobilization of the National Guard in the most affected areas.
The government of India has initially responded to the COVID-19 pandemic in the country with thermal screenings of passengers arriving from China, the country from which the coronavirus disease 2019 originated, as well as other countries. As the pandemic progressed throughout the world, the Indian government began issuing recommendations regarding social distancing measures and also initiated travel and entry restrictions. Throughout March, several shutdowns and business closures were initiated, and by the end of the month, the Indian government ordered a widespread lockdown. Efforts were subsequently made to create an economic package, which was announced in May.
The United Nations response to the COVID-19 pandemic has been led by its Secretary-General and can be divided into formal resolutions at the General Assembly and at the Security Council (UNSC), and operations via its specialized agencies and chiefly the World Health Organization in the initial stages, but involving more humanitarian-oriented agencies as the humanitarian impact became clearer, and then economic organizations, like the United Nations Conference on Trade and Development, the International Labour Organization, and the World Bank, as the socioeconomic implications worsened. In June 2020, the Secretary-General launched the 'UN Comprehensive Response to COVID-19'; the UN has also launched a global vaccination initiative. Given the impact on the global economy, funding has been an especial problem, as it has for ongoing operations, and the 'UN Comprehensive Response to COVID-19' has a dedicated funding package attached. The UNSC has been criticized for a slow coordinated response, especially regarding the global ceasefire, which aims to open up humanitarian access to the world's most vulnerable in conflict zones.
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