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Enough with the lofty rhetoric. It’s time to let the money do the talk -Himanshu

-Livemint.com Slogans, vision statements and acronyms are unlikely to be of any help to those in distress As the details of the mega fiscal package of ₹20 trillion announced by the prime minister are slowly being reveaLED by the finance minister (FM), it is increasingly becoming clear that it has less to do with the immediate crisis of lives and livelihood and more to do with the long-term agenda of reforms and...

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Central Government’s Push Behind Suspension of Labour Rights in States? -Ayaskant Das

-Newsclick.in It is noteworthy that rights of workers have been suspended despite Prime Minister Narendra Modi exhorting employers during the initial phase of the lockdown period not to cut down jobs. New Delhi: Over the past week, various states, including those ruLED by the Bharatiya Janata Party (BJP) as well as those ruLED by non-BJP political parties, are being held squarely responsible for drastic suspension of labour laws in the midst of...

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Lockdown LED to massive job losses, show early results of an ongoing telephonic survey

Preliminary results of an ongoing study by the Centre for Sustainable Employment of Azim Premji University (APU) indicate that the lockdown has had a devastating impact on the livelihood security of the working people. The survey is currently being conducted across the country by the Centre for Sustainable Employment along with civil society organisations. Impact on livelihoods Analysis of preliminary data collected through telephonic interviews between 13th April, 2020 and 9th May, 2020...

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Under Pandemic Garb and Modi Sanction, States Unleash War on Workers -Subodh Varma

-Newsclick.in After some states extended working day to 12 hours, UP and MP have relaxed all labour laws to the delight of the corporate sector. The working class in India is facing a lethal crisis that promises to push their lives back a century, and turn them into modern day slaves. As Newsclick had warned earlier, a savage attack is being unleashed on the workers through wholesale changes in protective laws, patronised...

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How Covid has flattened prices, shifted demand curve for agri-commodities -Harish Damodaran

-The Indian Express Lockdown has LED to demand destruction similar to demonetisation even for commodities such as potato and milk that were till recently in short supply While there is debate on how much the lockdown has helped in “flattening the Covid-19 curve”, one thing is clear: It has LED to a flattening of prices through a “leftward shift in the demand curve”. The best way to illustrate this is through two agricultural...

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