-The Indian Express As we grapple with a health, economic and humanitarian crisis of epic proportions, the immediate need is to provide emergency relief to cushion the effects of the dual shocks of the virus and lockdown on informal workers. COVID-19 is causing havoc across the world, destroying both lives and livelihoods. Developing countries such as India are particularly vulnerable as their vast informal workforce, which has no labour, social or health...
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India curve not yet linear as claimed: Researchers -GS Mudur
-The Telegraph Health authorities detected 2,411 new cases on Saturday, the first overnight spike, raising the number of Covid-19 patients to 37,776 India’s coronavirus epidemic remains on an exponential Growth curve and not a linear curve as government officials had suggested last week, researchers and public health experts tracking the country’s rising Covid-19 counts said on Saturday. Health authorities detected 2,411 new cases on Saturday, the first overnight spike greater than 2,000, raising...
More »March core sector output slumps 6.5%
-The Hindu Sharper contraction likely in Index of Industrial Production. Output at India’s core sector contracted by 6.5% in March, Commerce Ministry data show, reflecting the early impact of the COVID-19 pandemic and the subsequent nationwide lockdown. The index of eight core sector industries, which form 40% of the weight of items included in the broader Index of Industrial Production (IIP), reflected a contraction in key parts of the economy in March, according...
More »An open-ended, expanded employment guarantee at minimum wages should be its centrepiece -Nikhil Dey and Aruna Roy
-The Indian Express It is a cruel irony that after the sacrifice they have been asked to undertake, they don’t even get the safety of physical distancing. Workers have lost hard-won rights, despite labour being the biggest contributor to the Indian Growth story. There are no labour-day rallies, celebrations or meetings this year as everyone is under lockdown, fighting the coronavirus through physical distancing. Nevertheless, it is a day for totting up...
More »Research firm Nielsen slashes FMCG Growth forecast for 2020 -Meenakshi Verma Ambwani
-The Hindu Business Line Q1 value Growth at 6.3 per cent for the FMCG industry Nielsen on Thursday has slashed its annual Growth forecast for India's FMCG sector to mid-single digits in the range of 5-6 per cent for the calendar year 2020, as the world grapples with the Covid-19 pandemic. It had earlier predicted Growth to be in the range of 9-10 per cent for India's FMCG sector for the full...
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