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Last resort: Indians in distress are selling gold & third wave could only make it worse -Swansy Afonso

-ThePrint.in The likelihood of financial distress caused by the 2nd wave is much higher & it could lead to more outright sales of gold, unlike in 2020, when people chose to take out loans against gold. Mumbai: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he...

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‘One in three couldn’t afford food year-round in 2020’ -Richard Mahapatra

-Down to Earth Pandemic-induced poverty and rise in food prices keep healthy diet out of reach of three billion people Good food or just food? “Our choice is always the latter. We need to survive.” Sukru Ojha, the 56-year-old resident of Koraput, Odisha told Down To Earth in April in reply to a query on whether the novel coronavirus disease (COVID-19) pandemic-induced income loss impacted his food intake. Koraput is one of...

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Trade unions, industries paint a grim picture of employment scenario -AM Jigeesh

-The Hindu Business Line Trade union seeks urgent measures to alleviate pain of joblessness, drastic fall in income Trade unions and industrial associations painted a grim picture of the unemployment scenario in the country at a recent meeting of the Labour Standing Committee. The trade unions demanded urgent measures such as direct cash transfers to address job loss and wage loss, while the representatives of industries demanded a re-look at the current...

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Is it a Case of 'Meat-versus-Planet'? Lessons for the Global South -Aravindhan Nagarajan

-TheIndiaForum.in Claims that the livestock sector is a high emitter of greenhouse gases have led to calls for moving towards plant-based diets. These prescriptions rest on flawed assumptions; they also ignore the nutritional needs of the working poor in the Global South. The livestock sector has widely been reported to be a high emitter of Green House Gases (GHGs). International media outlets have — wrongly — claimed that ‘cows emit more than...

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Six-fold increase in people suffering famine-like conditions since pandemic began

-Press release by Oxfam dated 9th July, 2021 11 people are likely dying every minute from hunger, now outpacing COVID-19 fatalities, warns Oxfam A new Oxfam report today says that as many as 11 people are likely dying of hunger and malnutrition each minute. This is more than the current global death rate of COVID-19, which is around seven people per minute. The report, ‘The Hunger Virus Multiplies’ says that conflict remains the...

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