-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...
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What will be available and what will be closed during the 21-day lockdown
-The Hindu Narendra Modi has announced a 21-day lockdown starting from midnight tonight as a major step in fighting the COVID-19 pandemic. During the “containment” period of 21 days from March 25, 2020, the following services Will remain open: * Shops, including ration shops, dealing with food, groceries, fruits and vegetables, dairy and milk booths, meat and fish, animal fodder. District authorities to encourage home delivery to minimise individual movement. * Banks, insurance offices and...
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 »The Unexpected Reckoning: Coronavirus and capitalism -Radhika Desai
-NetworkIdeas.org It is perhaps fitting that the seriousness of the coronavirus threat hit most of the Western world around the Ides of March, the traditional day of reckoning of outstanding debts in Ancient Rome. The previous week had been a veritable roller coaster ride. The World Health Organization (WHO) finally declared the contagion a pandemic, governments scrambled to respond, the virus dominated the news cycle as well as the plethora of...
More »Listing LIC could make its investments riskier -Aunindyo Chakravarty
-The Tribune LIC is India’s biggest stock-market investor. Once listed, it might be tempted to increase its exposure to equities. We know what that did to India’s most popular mutual fund in the late 1990s. UTI’s US-64 collapsed because it had made too many risky investments. Most of 20 crore small investors never recovered investments A few years ago, I was part of a jury to select the best businesses in India...
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