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The Indian Economy on The Verge Of Collapse -Prabhat Patnaik

-Networkideas.org The GDP growth in the first quarter (April-June) of 2020 over the first quarter of the previous year has been minus 24 per cent according to preliminary official estimates. But most knowledgeable people believe that even this is an underestimate of the actual contraction brought about by the lockdown. In fact, a former chief statistician of India, Pronab Sen, believes that the actual contraction would have been about 32 per...

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Over three-fourth of workers lost their livelihoods since lockdown, finds ActionAid India's national survey of informal labourers

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...

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MGNREGA: Today and tomorrow -Sunita Narain

-Down to Earth The programme can provide a safety net for the poor, not just in COVID-19 times, but for times to come In these darkest days of the novel coronavirus disease (COVID-19) — when jobs and economies have collapsed — 56 million households got work in the past three months and these jobs provided relief. This was under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which perhaps is the...

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Why farmers are not cheering their exceptional feat this kharif season -Richard Mahapatra

-Down to Earth Highest rice acreage in six years, more farmers in farms, a bounty monsoon and an expected bumper harvest don't enthuse farmers as their earning dips   It is a piece of news that everybody would love to cheer about, except those who made this possible. The current kharif season is exceptional. In comparison to last year, over eight million more hectares of farms are under cultivation this season. There are more...

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Over three-fourth of workers lost livelihoods since lockdown, finds a national survey of informal workers conducted by ActionAid India

-Press release by ActionAid India dated 13th August, 2020 Out of 11,537 respondents, over three-fourths reported that they had lost their livelihood since the imposition of the lockdown. Close to half of the respondents said that they had not received any income, and about 17 per cent had received only partial wages. Approximately 53 per cent said that they had incurred additional debt during the lockdown. More than half of the...

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