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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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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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Banging plates will not defeat coronavirus – we must build a quality public-health system to do that -Radha Khan

-Scroll.in Healthcare is a public good and the government’s job. It cannot be left to the whims of the private sector. The news of coronavirus has been on all our minds since Narendra Modi’s televised address on Thursday. The janata curfew or people’s curfew that he suggested for Sunday was near-total through India, and at 5 pm, many came out to beat thalis and clap their hands to express gratitude to doctors...

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Covid-19: Exodus from Mumbai, Pune as migrant workers pack trains headed East -Iram Siddique & Ajay Jadhav

-The Indian Express The slowdown has hit these workers the hardest. Faced with the prospect of not being able to earn any money until the end of the month, most decided it was better to return to their homes. Mumbai, Pune: As shops and establishments prepared to shut down following a Maharashtra government order that all private businesses and companies must remain closed from Saturday until March 31, an exodus began in...

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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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