-TheWire.in Unlike other sectors, a large majority of the farming community do not have any savings to fall back upon. The COVID-19 pandemic has not only hit manufacturing, Services and business but also pushed back the Narendra Modi government’s ambitious programme to double farmers’ income by 2022. From feeding a population displaced, dislocated and frozen in its tracks, to ensuring farmers stay afloat in the coming months, the government has a tough...
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From Health and Harassment to Income Security and Loans, India's Gig Workers Need Support -Zothan Mawii, Aayush Rathi and Ambika Tandon
-TheWire.in Nearly two weeks ago, news broke that a Zomato delivery worker tested positive for COVID-19 in New Delhi. As many as 72 families in the south Delhi neighbourhood where he made deliveries have been quarantined, along with 17 other people he worked with. With the luxury of social distancing not extended to delivery workers, the incident further fuelled the apprehensions and uncertainties that they already were contending with. This was only...
More »COVID-19: What fiscal steps are needed to ensure food security -Gurpreet Singh and Nilachala Acharya
-Down to Earth Procurement at the doorstep, direct income support and reaching out to farmers can help in easing farming operations at this crucial time The extension of the nationwide lockdown to combat the novel coronavirus disease (COVID-19), though necessary, will lead to a further suspension of work and no wages and means for families to support themselves. The activities in manufacturing and Services, that provide non-essentials, may be suspended, though with serious...
More »Digital transactions rise sharply, banks’ RTGS up 34% in March: RBI data -Aashish Aryan & Sunny Verma
-The Indian Express The usage of cash and other cash-based Services, however, dipped during the period, the data showed. New Delhi: The month of March, in which the national lockdown began, saw a sharp rise in digital financial transactions countrywide, according to data accessed by The Indian Express. According to the latest Reserve Bank of India (RBI) data, the total value of Real Time Gross Settlement (RTGS) transactions — the biggest online payment...
More »Hans Timmer, World Bank's Chief Economist for South Asia, interviewed by Suhasini Haidar (The Hindu)
-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the World Bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...
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