-The Hindu There are clear, implementable steps the Centre can take in fiscal terms to revive the economy and support livelihoods The Prime Minister has just announced Lockdown 4.0. Despite some resulting increase in economic activity, vast numbers of working people will remain without their regular incomes. He also announced a package of ₹20 lakh crore, but this includes already allocated money of ₹6-lakh crore and monetary policy directives to banks and...
More »SEARCH RESULT
India must rescue farmers from Covid-19 shock -Soumya Sarkar
-TheThirdPole.net India’s pandemic-forced lockdown has plunged agriculture into a crisis that needs immediate cash transfers to bail out smallholder farmers preparing for the summer cropping season India’s complete lockdown to contain the spread of the Covid-19 pandemic has upended the agrarian economy of the South Asian nation. It could have a serious impact on farm production in the main summer cropping season, work for which starts in May. Farmers in India are no...
More »Suggested resources to understand the COVID-19 crisis better
These days a lot many articles, reports, documents, etc. are appearing in the public domain on Coronavirus infection and related issues. An attempt has been made in the present news alert to put together in one place some of the best articles, reports, blogs, webinars, podcasts, etc., which can be useful for our readers. We have divided the resources under various themes for the convenience of our readers and social media...
More »Recent reports predict gloomy days ahead for the overall economy
Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...
More »Over 30 crore poor get Rs.28,256 crore under PM Garib Kalyan Yojana
-PTI/ The Hindu Rs. 13,855 cr. gone towards PM-KISAN first instalment payment More than 30 crore poor people have received financial assistance of ₹28,256 crore under the Pradhan Mantri Garib Kalyan Yojana announced by Finance Minister Nirmala Sitharaman last month to protect them from the impact of the lockdown. As part of the ₹1.70 lakh crore relief package, the government announced free foodgrains and cash doles to women and poor senior citizens and...
More »