-PTI/ NDTV The International Labour Organization (ILO) in its report titled 'ILO Monitor 2nd edition: COVID-19 and the world of work', describes coronavirus pandemic as "the worst global crisis since World War II". United Nations: About 400 million people working in the informal economy in India are at risk of falling deeper into poverty due to the coronavirus crisis which is having "catastrophic consequences", and is expected to wipe out 195 million...
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Coronavirus lockdown forces migrant workers to walk from Manesar to home in Uttar Pradesh -Ashok Kumar
-The Hindu The 21-day lockdown has suddenly left several thousand workers in the informal sector without jobs and any means of sustenance. It is around 3 p.m. Carrying luggage on their backs and wearing black masks, seven men, visibly fatigued, are signalled to stop by a policeman who hurriedly jumps out of his vehicle at Rajiv Chowk on the Delhi-Gurugram highway. The officer makes a few inquiries before letting them off, asking...
More »Informal sector workers don’t have the privilege to stay at home & work online in the time of COVID-19
After the outbreak of COVID-19 in China during early January this year and its dissemination globally within a few days, health experts have suggested ways to check its spread exponentially among the rest of the population. In the age of internet connectivity, work-from-home and self-isolation have been advised as solutions to ensure social distancing and avoid large-scale social gatherings. Experts have asked governments and private enterprises to keep people at...
More »Will our farmers be thrown out like stateless immigrants?
-The Telegraph More than half of the country's small and marginal farmers continue to be left out of the ambit of formal finance A recent report by the Reserve Bank of India found that despite a plethora of schemes aimed at financial inclusion, only 40.9 per cent of small and marginal farmers have so far been covered by the banking system. Small and marginal farmers are defined as those with operational land...
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
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