Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

-The Indian Express Home Ministry New Lockdown Guidelines: Under the revised guidelines, a list of things that is allowed during the extended nationwide lockdown till May 3 Home Ministry New Lockdown Guidelines: A day after extending the lockdown to May 3, the government Wednesday released revised guidelines under which activities like agriculture, Information Technology, e-commerce and movement of trucks and goods carriers will be allowed from April 20 to “mitigate hardships to...

-The Indian Express The extended lockdown across the manufacturing and Services sectors, the resultant job losses along with the wave of salary cuts are projected to start impacting the repayment capacity of retail borrowers. Mumbai/ New Delhi: The possibility of loan defaults spilling over from the corporate sector to the retail segment, a key growth area for lenders in recent years, has been flagged as a growing concern by bankers at a...

-The Indian Express The states must engage NGOs, factories and charities including religious organisations to raise funds for meeting the expenditure on milk, eggs, cooking oil and vegetables, and even soaps and sanitisers. Nearly one-fifth of India’s labour force consists of internal migrants. As per the 2011 census, a quarter of the urban population consists of migrants. These tend to be predominantly male, from the less developed northern states, in the lower...

-TheWire.in At a time when the Rabi crop is ready for harvest and the Kharif crop will be sown, quick and effective policy responses are required. Amidst the COVID-19 crisis, India has announced a nationwide 21-day lockdown, shutting down all businesses except essential Services. The government has assured that the supply of food items and other necessities won’t be hindered during this period. While social distancing has been adopted as a measure...