-TheWire.in The mass exodus of migrant workers from cities after the Nationwide Lockdown has amplified the housing crisis for migrant workers in cities. ‘Low-income migrants’ in cities have always subsumed under the blanket, but arguably vague, term ‘urban poor’. This categorisation overlooks the mobility dimension of migrant workers’ lives where they are constantly moving between places in search of work, following capital. The government’s own estimates also indicate that with each passing...
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96% people faced drop in earnings during last year’s lockdown: survey
-The Hindu/ PTI Nearly 96% of the people surveyed under a food rights campaign in Maharashtra faced a drop in their earnings during the novel coronavirus-induced lockdown last year, a social body claims. Mumbai: Job losses and non-availability of casual work were the key reasons for this, and every fifth respondent was forced to go hungry because of no money to buy food, Mukta Srivastava, the State’s convener for the Anna Adhikar...
More »Fish Industry in West Bengal in Troubled Waters -Shoma A Chatterji
-TheCitizen.in Fish lovers in West Bengal may soon be threatened with a scarcity in the supply of fish or rise in price or both. The fishermen and the trawler owners are very angry. Without giving a thought to the consequences of a continuous arbitrary rise in the price of diesel, petrol, kerosene and cooking gas by the central government has led to severe disbalance in the finance and employment sector in the...
More »A Market gone awry -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line/ NetworkIdeas.org It defies all logic. As expected, once the implications of the Covid-19 contagion began to be absorbed, the BSE Sensex lost 37 per cent in value, falling from a level just above 41,000 on February 19, 2020, to just below 26,000 on 23 March 2000 (Chart 1). That was the day when the Nationwide Lockdown was declared and three days before the first of the government’s...
More »Pandemic Effect: 9 Months On, More Younger Workers Remain Jobless -Rosa Abraham, Amit Basole and Surbhi Kesar
-IndiaSpend.com More younger workers, and women, lost jobs and struggled to recover them. Even after employment rates recovered, quality of employment deteriorated, with individuals moving into less secure self-employment in agriculture, construction and small-scale trade. Bengaluru: The COVID-19 pandemic has delivered a large and sustained economic shock to the global economy. In India, the effect can be broadly divided into two phases--the shock of the Nationwide Lockdown in the months of April...
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