-The Hindu Business Line Kochi: The Covid-19 Lockdown has put the country’s marine fishery sector in deep sea, inflicting a daily loss of ₹224 crore, a report prepared by the Central Institute of Fisheries Technology (CIFT) said. The monthly loss for the sector is estimated to be about ₹6,838 crore; the Kochi-based institute has put ₹6,008 crore loss to mechanised sector and ₹830 crore for non-mechanised sector. However, the loss incurred in...

-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the World Bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...

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...

-The Hindu Even though a record crop is expected this year, the Lockdown may have robbed farmers of the chance to reap profits. There are no migrant labourers to help with harvesting and procurement, and no transport facilities to take the produce to markets in many parts of the country, report Vikas Vasudeva and Priscilla Jebaraj Jagtar Singh is a man in a hurry. It’s April 15, and with temperatures starting to...

-The Indian Express Prime Minister demanded discipline and sacrifice from the people, while offering no measures to alleviate distress of those who have lost their dignity and livelihoods. Millions of migrant workers, and other vulnerable groups, have lost their livelihoods, income security, and sense of dignity in three short weeks. They knew that they were vulnerable to the virus, but for them, the cure of an extended Lockdown is already worse than...