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Banks red-flag looming retail loan default, push for 6-month moratorium -George Mathew & Anil Sasi

-The Indian Express The extended lockdown across the manufacturing and services sectors, the resultant job losses along with the wave of salary cuts are projected to start impacting the repayment capacity of retail borrowers. Mumbai/ New Delhi: The possibility of loan defaults spilling over from the corporate sector to the retail segment, a key growth area for lenders in recent years, has been flagged as a growing concern by bankers at a...

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What Does the COVID-19 Lockdown Mean for Food Security? -Gurpreet Singh

-TheWire.in At a time when the Rabi crop is ready for harvest and the Kharif crop will be sown, quick and effective policy responses are required. Amidst the COVID-19 crisis, India has announced a nationwide 21-day lockdown, shutting down all businesses except essential services. The government has assured that the supply of food items and other necessities won’t be hindered during this period. While social distancing has been adopted as a measure...

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Relief for farmers: Centre eases agri produce sale rules amid Covid-19 -Rajesh Bhayani

-Business Standard Allows farmers to sell produce directly to retail chains, bulk buyers for 3 months Mumbai: A series of central government notifications and letters to states in the past two days will enable agri and food products to reach consumers in a timely and efficient manner. The measures include limiting jurisdiction of APMCs (Agricultural Produce Market Committees) to their physical premises, allowing big retailers and even commodity processors to buy directly from...

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Saving the food value chain amid Covid lockdown -N Chandra Sekhara Rao and Anjani Kumar

-The Hindu Business Line Disruptions in the food value chain are becoming visible now. The government needs to recognise that ensuring adequate food and nutrition for the population is as essential as providing health services The community spread of coronavirus can wreak havoc in India, as the population density is extremely high and the health infrastructure inadequate. To contain the Covid-19 pandemic, the government has shut the country down, including all the...

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Informal sector workers don’t have the privilege to stay at home & work online in the time of COVID-19

After the outbreak of COVID-19 in China during early January this year and its dissemination globally within a few days, health experts have suggested ways to check its spread exponentially among the rest of the population. In the age of internet connectivity, work-from-home and self-isolation have been advised as solutions to ensure social distancing and avoid large-scale social gatherings. Experts have asked governments and private enterprises to keep people at...

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