-Business Standard On a positive note, the number of women aged 15-49 having bank or Savings Accounts they themselves used, rises to 78.6% compared to 58% in the previous survey; improvement in nutrition among kids and adults Anaemia among children and adults has worsened, with more than half of women and children reported to be anaemic in the fifth national family health survey 2019-21 of fourteen states released on Wednesday. Among children from...
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Migrant workers bore the brunt of 2020 lockdown due their poor access to social security schemes & legal rights, depicts latest NHRC report
The rise in COVID-19 daily new cases and daily new deaths compelled many state governments to impose local level lockdowns during April-May 2021. As of 20th April, 2021, partial lockdowns were noticed in 10 states across the country and complete lockdown was imposed in Delhi. As of 8th May, 2021, nearly the entire country was under complete lockdown as a result of either partial lockdowns and night curfews or complete...
More »How India's Financial Inclusion Infrastructure Failed During the Pandemic -Isabelle Guérin, Nithya Joseph and G Venkatasubramanian
-TheWire.in Despite the fact that India's financial inclusion infrastructure has a complex mix of self-help groups and small private banks offering credit to the poor, it has failed to deliver during the pandemic. When the pandemic struck, policymakers and prominent economists across the world called for financial infrastructures to be strengthened. They argued this would support the efficient channeling of relief through cash transfers or cheap loans. India was no exception to...
More »Rural term deposits fall for first time in eight years -Vivek Kaul
-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are money that depositors keep in a bank...
More »92% of workers stopped receiving payment from employers: Report
-The Hindu SWAN, which relaunched its helpline in April, releases findings based on over 8,000 callers Bengaluru: Migrant workers, one of the more vulnerable groups left in lurch during the national lockdown called by the Centre last year, are facing another crisis during the second wave of COVID-19. This time around, the problem is compounded by a lack of savings, which they used up last year. Around 92% of the country’s workforce who...
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