-The Hindu As output and demand slow, India must retain twin focus on the pandemic and economy Output in the eight core industries suffered an overall contraction for a third straight month in May, shrinking 23.4%, as the pandemic-induced lockdown kept large parts of the economy shuttered, the Commerce Ministry’s provisional figures show. Of the eight, all but one posted declines in production compared with a year earlier, with six sectors witnessing...
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MGNREGA workers demand Rs. 600 as minimum daily wage rate, besides 200 days of employment and strict implementation of locally planned works
-Press release by NREGA Sangharsh Morcha dated June 29th, 2020 Today, workers in over sixty districts across eleven states of the country observed “NREGA Adhikar Diwas” by submitting a memorandum to the Prime Minister to demand an increase in the annual guarantee of work to 200 days per person, revision of the daily wage rate to Rs. 600 and strict implementation of schemes planned by the gram/ward sabha. The widespread disruptions to...
More »Govt’s rural focus could hit urban economy -Aunindyo Chakravarty
-The Tribune This is a crucial moment for Modinomics. Till now, government schemes have been used to help the poorest of the poor survive, even when they do not have any regular source of income. The middle class has continued to back the PM, hoping his policies will yield dividends. The industrial recession has shaken that belief. It could well be the beginning of their disenchantment with the PM. IN 2014, journalist...
More »India Inc's big bet on Bharat saving the day -Sayantan Bera
-Livemint.com * Rural spending is the only ray of hope for a ravaged economy. But will consumers rise to the occasion? * The income loss due to 30 million migrant workers returning home is a significant hit to household finances. Moreover, covid-19 has deeply affected an already bruised consumer psyche The locked rooms lining the courtyard of Dilip Patidar’s sprawling ancestral home once smelled like a spice box. That was some years ago...
More »Lockdown further impoverishes those who were living on the edges of existence even during normal times, finds a new report
A recent survey that was conducted through telephonic interviews among 1,405 respondents across the states of Delhi-NCR, Uttar Pradesh, Bihar, Haryana, Himachal Pradesh, Assam, Rajasthan and Jharkhand reveals the precarious conditions of workers nearly 45 days after the announcement of COVID-19 lockdown. The report entitled Labouring Lives: Hunger, Precarity and Despair amid Lockdown tries to understand the extent (and depth) of job loss and hunger 45 days after the lockdown. Hunger and...
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