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Dormant state -Renu Kohli

-The Telegraph Why are animal spirits in quarantine? Animal spirits, the primordial driver of growth that is unquantifiable, are once more in the spotlight. The current context is the dire growth outlook from the Covid-19 impact, future prospects and how to improve these. However, the absence of animal spirits has been felt and commented upon longer than that. It can be traced as far back as the 2012-13 slowdown, or the shortfall...

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Legal and civil society luminaries issue statement on judgment against Prashant Bhushan

-The Hindu Several legal and civil society luminaries have issued a statement against the judgment against Prashant Bhushan in a contempt of court matter. Here is the full text of the statement and full list of signatories: Statement relating to the judgment against Prashant Bhushan in the contempt of court matter August 17, 2020 We, the undersigned citizens of the country, express anguish and disappointment at the verdict of the Hon’ble Supreme Court finding...

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Issues facing online education -Abhishek Jha

-Hindustan Times Digital divide: Students who, in theory, have access to e-teaching will have to depend on inconvenient methods such as mobile The Covid-19 pandemic has disrupted the education sector globally. Classes have been suspended to enforce social distancing and educational institutions, from schools to universities, have shifted to online methods of teaching and evaluation. As the number of cases continues to rise, there is no certainty about when normalcy will be...

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Stories of distress from small borrowers -Sayantan Bera

-Livemint.com * Across India, women borrowers are finding it tough to repay small loans. The next few months will be critical * Unless there is a sharp recovery, MFIs and banks (with micro-loan portfolios) will have to Restructure or write off loans though the situation will not be clear until November NEW DELHI: Sarama Koyal does not have a roof over her head. After the Amphan super cyclone ravaged her home in South...

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No Sign of Revival: Garment Biz Ostagars, Tailor-workers of West Bengal Despair -Rabindra Nath Sinha

-Newsclick.in The dearth of capital will make a return to normalcy difficult for ostagars even when there will be a visible improvement and the authorities muster courage to lift all the Restrictions. Kolkata: “We are passing through the worst phase in our 17 years old enterprise BabyGarments.in and we have no clue when we will see the first signs of revival”. This is how a middle-aged woman entrepreneur and proprietor of BabyGarments,...

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