-Newsclick.in The financial crisis in the diamond industry in Surat has claimed the lives of 16 workers who have died by suicide. Earlier this month, an association president ended his life as well. Darshanbhai Rameshbhai Chaudhary, a diamond polisher by profession, had not had a job for four months. Day after day, he would stand at the diamond polishing hub in the Varacha area of Surat in the hope of being hired...
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Migrant workers' deaths: Govt says it has no data. But didn't people die? Here is a list - Mukesh Rawat
-IndiaToday.in The Modi govt has told Parliament it does not have data of migrant workers who died during the lockdown. India Today sheds light on data documenting those who died while desperately trying to reach their homes. While presenting the Union Budget 2020 in Parliament on February 1, Finance Minister Nirmala Sitharaman outlined the importance of data and said that in order to meet challenges of real-time monitoring of India's increasingly complex...
More »Although govt. avoids providing data on the impact of COVID-19 lockdown, timely intervention by a civil society group working among migrants fills the info gap
-Press Release by Stranded Workers Action Network (SWAN), dated 15th September, 2020 In a recent press release, the Stranded Workers Action Network (SWAN) has revealed that around 971 persons have died during the course of the various lockdowns, as of 4th July 2020. It has also provided the key findings of some recent studies that saw the impact of lockdown and Covid-19 on livelihood security and food security. To a question...
More »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...
More »Indian economy is heading for a K-shaped recovery and it won’t be a pretty sight -TN Ninan
-ThePrint.in K-shaped recovery means the growing gap between ‘winners and losers’. An example in India is the stock market being healthy while millions have lost their jobs. Amidst the flood of commentary that followed the finding that the world’s fastest-growing large economy had become its fastest-shrinking one, an observation that stood out was that India’s growth potential had dropped from 6 per cent to 5 per cent. Now, it has been obvious...
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