-Newsclick.in The pandemic has heightened an already simmering economic crisis – and the worst is still to come. The number of employed persons in India plummeted from about 40 crore in January to 39 crore in April 2021. That’s a loss of one crore employed persons, one of the steepest falls ever in four months, barring the brutal devastation caused by last year’s complete countrywide lockdown in April-May 2020. This emerges from...

With the rise in Covid-19 daily new cases and daily new deaths since March this year, media reports (please click here and here) on migrant workers returning back to their native places (i.e. places of origin) from migration destinations (i.e. workplaces likes cities and large industrial towns to where the informal and low skilled workers from the marginalised sections of the society migrate seasonally, and sometimes for a longer duration,...

-Newsclick.in As India faces a grim economic scenario due to the second wave of the pandemic in India, the government needs to step in to create employment opportunities. The second wave of COVID-19 beginning from February 2021 has not only severely impacted the Economic Recovery in India, but has also threatened a contraction in its GDP and consequently a sharp spike in unemployment. S&P’s moderate and severe severe downside scenario has estimated...

-Press release by World Health Organisation, dated 6th May, 2021 * Initial 11 members are distinguished experts in economics, health, government, finance and development from around the world. * Council’s focus is on new strategies to shape economies and financial systems with the objective of building healthy societies that are just, inclusive, equitable and sustainable. It will incorporate lessons learned during the COVID-19 pandemic. * Council will hold its first meeting on 6...

In the month of April this year, there has been an unprecedented upsurge in daily new cases and daily new deaths in the country due to Covid-19. States, which reported large increases in daily new cases and daily new deaths, are Maharashtra, Kerala, Karnataka, Delhi and Uttar Pradesh, to name but a few.   Data accessed from https://www.covid19india.org/, which is a crowdsourced platform and an independent aggregator of daily Covid-19 figures and...