ActionAid Association's (AAA) national level survey among people dependent on the informal Economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...

-The Indian Express The economic slowdown, which has been underway for almost three years now, began to adversely impact GST revenue collections in August last year. While the Centre Thursday chose to pin much of the blame for the delays on GST compensation payments to the slowdown inflicted by the pandemic, the delays preceded the Covid-19 shock by almost a year – when payments due for August-September 2019 got delayed. Since then,...

-Livemint.com * Poor handling of the pandemic threatens to derail our competitive advantage in the global Economy * India’s Economy is well-positioned in IT and outsourcing; health and pharma; and higher education and research, which are sectors expected to be leading drivers of global growth NEW YORK: India’s Economy is in a downward spiral. The Economist Intelligence Unit just lowered the forecast for India’s growth in the coming year from -5.8% to -8.5%....

-The Hindu Business Line Farm leaders pitch for public sector entity for efficient and transparent settlement The dominance of private insurers, their lack of adequate on-ground physical presence coupled with opacity in settlements are some factors that have not helped the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme take off on expected lines. With multiple gaps in the current crop insurance structure, experts have called for making crop insurance a basic right for...

-The Indian Express “Private consumption has lost its discretionary elements across the board, particularly transport services, hospitality, recreation and cultural activities,” the RBI said in its Annual Report for 2019-20. The Reserve Bank of India (RBI) Tuesday indicated that the Economy which is expected to contract for the first time ever, will take “quite some time to mend and regain” the pre-Covid momentum, as the “shock to consumption is severe” and the...