#   Lokniti-CSDS survey

• The local was of utmost importance in the decision making of voters in the assembly elections.

• Each of the surveyed states had specific local variables that swayed and determined the choices of the respondents.

• In all four states, the opposition to the CAA was higher than support for it.

# Covaxin

• Covaxin was jointly developed by the Bharat biotech and ICMR.

• The intellectual property governing the use of covaxin will be shared and the ICMR would receive royalty payments.

• The partnership between the two organisations involves 12 activities that include clinical and preclinical studies.

• Five of these were funded entirely by Bharat biotech.

# GST on medical oxygen

• Imports of covid-19 relief material, including vaccines, a conditional ‘adhoc’ GST exemption till june 30.

• These items are already exempt from customs duty and health cess, now integrated GST (IGST),  levied on such imports.

# Serum institute of India

• Ahead of the UK-India bilateral summit, PM Boris johnson has announced 1 billion euro investment deals by Indian companies that will create 6500 jobs in the UK.

• The biggest in the investment deals is by the SII amounting to 240 million euros.

• The investment by the SII is aimed at the firm’s vaccine business in the UK and a new sales office.

# Purchasing manager’s index

• India’s manufacturing sector activity was largely flat in April, as rates of growth for new orders and output eased to eight months lows amid covid-19.

• The seasonally adjusted IHS Markit india manufacturing purchasing manager’s index (PMI) was at 55.5 in April, little changed from march’s reading of 55.4.