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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...

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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...

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ILO: COVID-19 causes devastating losses in working hours and employment

-International Labour Organisation News The COVID-19 pandemic is having a catastrophic effect on working hours and earnings, globally. A new ILO report highlights some of the worst affected sectors and regions, and outlines policies to mitigate the crisis. GENEVA: The COVID-19 crisis  is expected to wipe out 6.7 per cent of working hours globally in the second quarter of 2020 – equivalent to 195 million full-time workers. Large reductions are foreseen in the...

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136 million jobs at risk in post-corona India -Goutam Das

-Livemint.com * There will be a tsunami of job losses for employees who don’t have a regular salary, people without a written contract * A labour market crunch right now can easily turn into a nightmare. Besides the possibility of social unrest, expect more demands for more reservations in government On a Monday afternoon, a day before India announced a 21-day lockdown to flatten the curve of covid-19 infections, Sunil Gupta, chairman and...

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Give basic income of Rs 4,260 to all individuals in informal sector for 6 months: INBI -Tina Edwin

-The Hindu Business Line INBI has said that emergency basic income should be completely unconditional Close on the heels of the United States (US) and the United Kingdom (UK) announcing measures to protect incomes of vulnerable households through cash transfers and other fiscal measures, the Indian Network for Basic Income (INBI), an advocacy group working in the area of basic income transfers, has asked the Central Government to consider an emergency basic...

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