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India needs consumers, but RBI survey shows it won't get them soon enough -Aparna Iyer

-Livemint.com Consumer confidence indices, an output of RBI survey of 5,300 households spread across 13 cities, fell to a historic low in May. The future expectations index dropped to 97.9 in May from 115.2 in March MUMBAI: As the covid-19 pandemic continues to spread, India’s economy has lost its main engine of growth: consumption. A survey by the country’s central bank shows how stark is the pessimism among Indians. It also gives various...

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What does self-reliance really mean? Amazing stories emerge from India’s villages -Ashish Kothari

-The Hindu True self-reliance won’t come from relentless industrialisation, but from localisation and decentralisation, as demonstrated by these remarkable stories of empowered rural communities Not so long ago, Dalit women farmers in Telangana used to face hunger and deprivation. Today, they have contributed foodgrains for pandemic relief. Farmers on the Tamil Nadu-Karnataka border have been sending organic produce to Bengaluru even during the lockdown. And Adivasi villages in central India are using...

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85% Domestic Workers Not Paid During Lockdown, Says Survey

-Newsclick.in The survey by the Domestic Workers Sector Skill Council (DWSSC) also stated that they are facing discrimination and stigma as employers doubt them of being carriers of the virus. The nationwide lockdown, announced to contain the COVID-19 pandemic, has exposed the dishonorable condition of informal workers, especially in cities. The conditions of domestic workers- most of them women- have further been deplorable. A survey by the Domestic Workers Sector Skill Council (DWSSC)...

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Bombay High Court serves notices to Union government on PM-CARES fund -Pradip Kumar Maitra

-Hindustan Times The petitioner demanded that at least two members from the Opposition parties should be included in the trust. The Nagpur bench of Bombay High Court on Tuesday issued notices to all trustees of PM-CARES Fund and the Union government asking them to submit details of the amount collected and utilisation of the funds. The court was hearing a petition filed by a Nagpur-based lawyer, Arvind Waghmare, who sought the government to...

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COVID-19 Lockdown: Impact on Agriculture and Rural Economy -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais

-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...

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