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LATEST NEWS UPDATES | Economy headed for contraction, less fiscal space for big stimulus -P Vaidyanathan Iyer

LATEST NEWS UPDATES

Economy headed for contraction, less fiscal space for big stimulus -P Vaidyanathan Iyer


April 22, 2020

-The Indian Express If that happens, it won’t be unique to India — the IMF expects the Covid pandemic to severely impact growth across regions in its latest World Economic Outlook. It expects the US economy to shrink 5.9 per cent and the global economy to...

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The key strategy is fiscal empowerment of States -M Govinda Rao
April 22, 2020

-The Hindu The Centre must recognise that winning the war on COVID-19 is linked to the States being armed with enough resources The scale of disruption caused by the COVID-19 pandemic has never been seen before. Even as we are in the midst of the second phase...

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A change in migrant policy -Dipak Kumar Singh & Pushpendra
April 22, 2020

-The Hindu Besides addressing the immediate distress conditions of migrants, the state needs to think of long-term solutions Seasonal migration is one of the most critical issues of our time. The condition of seasonal migrants has emerged as no less an important issue than the novel coronavirus...

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Use FCI's foodgrain reserve for addressing hunger & starvation, instead of ethanol production for hand sanitisers
April 21, 2020

-Press note by Right to Food Campaign dated 21st April, 2020 The Right to Food Campaign has issued a statement in the response to the Central Government's decision to convert the FCI’s food grains into ethanol to make hand sanitisers. Please click here to read it. For...

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Despite fishing activities being exempted under lockdown, fisherfolk in Odisha say workforce, logistics, market situation major hurdles in wake of COVID-19 -Basudev Mahapatra
April 21, 2020

-Firstpost.com Marine fisherfolk of Odisha foresee a miserable life ahead despite fishery activities being exempted from the purviews of the nationwide lockdown in the wake of COVID-19 outbreak, which has been declared a global pandemic by the World Health Organisation (WHO). "Fishermen of the coastal villages are...

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