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Need new stimulus of Rs.10 lakh crore: Economists Collective

-The Hindu Economists urge cash transfers to 80% of households to revive economy. The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists...

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So far, no solid steps undertaken to double PDS rations in Jharkhand during lockdown, alleges Right to Food Campaign state chapter

-Press release by Right to Food Campaign Jharkhand dated 6th April, 2020 The government of Jharkhand has announced, as part of its relief measures, that eligible households left out of the public distribution system (PDS) would receive 10 kg of foodgrain if they have applied for a ration card. An impression has been created that this would be 10 kg per month. In fact, none of this is happening. Instead, mukhiyas (gram...

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Nirmala Sitharaman announces Rs. 1.70 lakh crore package for poor

-The Hindu Finance Minister Nirmala Sitharaman on Thursday announced a Rs. 1.70 lakh crore package which is likely to benefit 80 crore people. In her second media conference in a week, Ms. Sitharaman announced a slew of welfare decisions as the nation is under lockdown due to COVID-19 pandemic. Here are the highlights from her speech: * The Finance Minister announced ₹1.70 lakh crore package Pradhan Mantri Gareeb Kalyan Yojana, targetting 80 crore people. *...

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FM’s announcement of Rs 1.7 lakh crore in the wake of COVID-19, is less than half of the Rs. 3.75 lakh crores required to fulfill the minimal “emergency measures”, convey concerned citizens & grassroots activists

-Press releases by NREGA Sangharsh Morcha dated 26th March, 2020 Civil society activists and concerned citizens have responded to the emergency measures that were announced by the Finance Minister on 26th March, 2020 for the poor, the vulnerable and the migrant & informal workers. An open letter by NREGA Sangharsh Morcha -- an umbrella organisation of CSOs and social activists working for the unorganised sector and MGNREGA workers -- has been issued...

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Unorganised workers have been hit hard, need direct payments, India Inc tells PM Modi -P Vaidyanathan Iyer

-The Indian Express Over the last few weeks, many daily wage labourers and part of the unorganised or informal sector could not find work because of the lockdown. AT LEAST six top corporate leaders are said to have recommended to Prime Minister Narendra Modi that the government should make payments to unorganised sector workers since they bear the brunt of the severe lockdown measures to arrest the spread of Covid-19 disease. N Chandrasekaran,...

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