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NBFC association seeks three-month moratorium on EMI payments

-The Financial Express NBFCs are at the forefront of financing many of the affected sectors, notably small road transport operators, taxi aggregators, infrastructure contractors, MSMEs, traders etc. After banks wrote to the regulator asking for moratorium on corporate repayments, their non-banking counterparts have sought a three-month moratorium on equated monthly instalment (EMI) payments by their customers as much of the country goes into lockdown mode. Non-banking finance companies (NBFCs) are also asking...

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Informal Workers in the Time of Coronavirus -CP Chandrasekhar and Jayati Ghosh

-Macroscan.org/ The Hindu Business Line State policies to deal with the economic fallout of the Covid-19 pandemic tend to address financial losses of companies. But the material impact is much worse for informal workers who constitute the bulk of the global workforce. Please click here to read the article. * This article was originally published in the Business Line on March 24, 2020.   ...

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How to handle a pandemic -KK Shailaja

-The Hindu The Kerala government has been successful in putting the public health sector back on the rails Every year after the Union Budget, newspapers carry articles critiquing the abysmal allocation for the health sector. As the COVID-19 threat looms, doctors, healthcare professionals and state institutions have been regularly issuing guidelines on the precautions to be taken. However, the ubiquitous fault lines of India’s public healthcare infrastructure are being laid bare as...

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Coronavirus pandemic puts India’s informal workers in the firing line - Anuja and Utpal Bhaskar

-Livemint.com * The crisis has led to a mass exodus of migrant labour back to their villages, mainly in Bihar and Uttar Pradesh * From those working in restaurants to those making a living by ironing clothes in the neighbourhood, daily wagers are finding it difficult to make ends meet New Delhi: Ashok Kumar, a 42-year-old carpenter, lives in the Rohini area of the national capital and survives on work that he gets...

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Dr. Jayaprakash Muliyil, one of India’s foremost epidemiologists and former principal of the Christian Medical College in Vellore, interviewed by Arunabh Saikia (Scroll.in)

-Scroll.in One of India’s most renowned epidemiologists cautions against unsustainable lockdowns and says community participation is the key to fight the disease. Jayaprakash Muliyil is one of India’s foremost epidemiologists, with decades of experience in the study of infectious diseases. The former principal of the Christian Medical College in Vellore spoke to Scroll.in about India’s response to the coronavirus outbreak. He said the stage of community transmission, when the source of infection for...

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