-NDTV In a separate letter to Kerala, the home ministry has strongly objected to its move to restart restaurants, book shops and barber shops in parts of the state from today. New Delhi: The government has made it clear that states and union territories cannot "dilute" its guidelines on the nationwide lockdown to control the spread of coronavirus and said states cannot allow their own activities during this period; they can be...
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‘Are we animals?’: Migrants bear brunt of South Asia’s lockdown -Joydeep Gupta, Zofeen T Ebrahim and Ramesh Bhushal
-TheThirdPole.net Migrant workers in India, Pakistan and Nepal are crushed by poverty as earnings come to an abrupt halt in the lockdown forced by the Covid-19 pandemic Across South Asia, the impact of the Covid-19 on livelihoods has been extreme. Despite being an outlier in terms of low infection rates, and even low casualties, most South Asian countries have been left reeling due to the impact that shutdowns have had on migrant...
More »Covid-19 inflicts a daily loss of Rs.224 crore to India’s fishery sector -V Sajeev Kumar
-The Hindu Business Line Kochi: The Covid-19 lockdown has put the country’s marine fishery sector in deep sea, inflicting a daily loss of ₹224 crore, a report prepared by the Central Institute of Fisheries Technology (CIFT) said. The monthly loss for the sector is estimated to be about ₹6,838 crore; the Kochi-based institute has put ₹6,008 crore loss to mechanised sector and ₹830 crore for non-mechanised sector. However, the loss incurred in...
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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