-The Hindu There are many indices of proof that seriously contradict the tall claims of employment generation in India Reports on and the visuals of the recent agitations by railway job applicants reveal a widespread problem of massive job insecurity among India’s youth. Alarming figures of unemployment have been recurrent even before the huge dislocation unleashed by lockdowns imposed in 2020-21 in the wake of the COVID-19 pandemic. Much before the pandemic,...
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Government extends free ration scheme by six months
-The Hindu Pandemic relief was to end in March 2022. The Union Cabinet, chaired by Prime Minister Narendra Modi, on Saturday extended the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) for another six months till September 2022. The scheme was originally introduced in April 2020 a month into the first lockdown during the initial onset of the COVID-19 pandemic. This will be the sixth phase of PM-GKAY. The Phase-V of the scheme was...
More »Provide Universal Access to Food Security, Says Rights Group to Modi
-TheWire.in "With the additional grains under PMGKAY also set to stop after March 2022, the hunger crisis is likely to exacerbate in the country," the Right to Food Campaign said. New Delhi: The Right to Food Campaign has written to Prime Minister Narendra Modi about the “crisis” in income decline and severe food insecurity, especially among the economically weaker and marginalised sections of society due to the COVID-19 pandemic, saying the Pradhan...
More »COVID-19 resurgence: Cases rise in China, Europe and New Zealand -Taran Deol
-Down to Earth Hong Kong and New Zealand facing huge waves; situation in Hong Kong similar to India delta wave The COVID-19 pandemic is again rearing its head on the opposite sides of Eurasia after a lull, with both, China and Europe reporting a rise in cases, according to media reports. New Zealand too is facing a resurgence in cases. China recorded 5,280 new cases March 16, 2022, which is a more than...
More »MSME suffers most during COVID, lockdown; Public sector banks have MSME NPA of Rs. 1,37,087 crore
-National Herald According to the RBI, gross non-performing assets of MSMEs increased by Rs. 20,000 crores from September 2020 (when it was Rs. 1,45,673) to September 2021 (when it became Rs. 1,65,732 crore) Micro, small and medium enterprises (or MSMEs) seem to be the sector most hit by the pandemic since 2020. According to the Reserve Bank of India, gross non-performing assets of MSMEs increased by Rs. 20,000 crores from September 2020...
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