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Budget 2021 Is a Chance to Undo the COVID-Induced Inequality That Has Surged Across India -Nikhil Dey

-TheWire.in Ideally, the government should increase the work entitlement for MGNREGA to at least 150 days, double the budget and put in place an urban employment guarantee act. Let’s start with those who did well over the last 10 months. The Sensex index crossed the 50,000 benchmark for the first time on January 21, 2021, with a whopping 70% increase since April 2020. The Oxfam inequality report, just released, gives an idea of...

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10 million girls at risk of dropping out of school because of the COVID-19 pandemic: RTE Forum -Divya Trivedi

-Frontline.in Ten million girls in India could drop out of secondary school due to the COVID-19 pandemic, according to a Right to Education Forum policy brief. With 1.6 million girls aged 11 to 14 years currently out of school, the pandemic could disproportionately impact girls further by putting them at risk of early marriage, early pregnancy, poverty, trafficking and violence. Released on January 24, the International Day of Education and National Girl...

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Covid deepened inequalities: wealth, education, gender -Udit Misra

-The Indian Express An Oxfam report, titled ‘The Inequality Virus’, has found that as the pandemic stalled the economy, forcing millions of poor Indians out of jobs, the richest billionaires in India increased their wealth by 35 per cent. A new report by Oxfam has found that the Covid pandemic deeply exacerbated existing inequalities in India and around the world. The report, titled ‘The Inequality Virus’, has found that as the pandemic stalled...

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The orphans of the Fourth Revolution -Richard Mahapatra

-Down to Earth With an estimated 85 million jobs to be lost to automation by 2025, the development divide is set to deepen One year into the novel coonavirus disease (COVID-19) pandemic, crowds returning to markets bring us a sense of normalcy returning to our lives. But there is an uncomfortable feeling that continues to hit us. From the neighbourhood grocery shop to the shopping malls, the thinning of the employed workforce is...

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Banks red-flag: Loans to street vendors in pandemic turning NPAs -Sandeep Singh and Sunny Verma

-The Indian Express Launched in June to help vendors amid the pandemic, the PM SVANidhi scheme is a micro-credit facility that provides street vendors a collateral-free loan of Rs 10,000 at concessional rates of an estimated 7.25%. After being nudged by municipalities to step up loan disbursements under the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) programme, banks are writing back to report that many of these collateral-free loans are turning into...

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