-Hindustan Times McKinsey report paints a dire climate picture for India which it can’t escape without coordinated global action A new report from the McKinsey Global Institute (MGI), on the likely consequences of global warming for Asia, has some very dire projections for India—bear in mind, the report projects Asia to suffer the brunt of the climate change impact. MGI’s may not be the first such projection for India, but at a...
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The migrant worker as a ghost among citizens -Sampath G
-The Hindu A new publication contends that their lockdown misery was no anomaly but an effect of exclusion from full citizenship When Prime Minister Narendra Modi announced the world’s most stringent lockdown on March 24, 2020 with barely four hours notice, lakhs of migrant workers across the country found themselves trapped in a novel situation: their livelihood in the city was gone, but they could not return to their native villages. The...
More »Monthly rise in procurement and payments to MSMEs: Govt
-The Indian Express Total procurement and transactions from MSMEs has gone up almost two-and-a-half times in October to Rs 5,000 crore compared to Rs 2,300 crore in May. The Ministry of Micro, Small and Medium Enterprises (MSMEs) Tuesday said that there has been a monthly rise in procurement and payments to MSMEs, alongside a fall in the ratio of pendency of payments. The pending payments to MSMEs are around one-fifth against the...
More »Hunger, nutrition are worse than before lockdown. PDS must be universalised -Dipa Sinha and Rajendran Narayanan
-The Indian Express All indications show that an economic revival will take some time — support is required during this period to at least prevent starvation. The effects of the lockdown and the resultant economic crisis continue to disproportionately impact the poor and informal sector workers. Since the lockdown, the Government of India (GoI) has announced relief packages under the Pradhan Mantri Gareeb Kalyan Yojana (PMGKY) and Atmanirbhar Bharat. However, numerous studies...
More »Despite Stimulus, Data Shows The Government May Be Spending Less, Not More -Mariyam Alavi
-NDTV According to the data available with the Controller General of Accounts, however, the central government's total spending fell from ₹ 14.9 lakh crore in April-September 2019 to ₹ 14.8 lakh crore in April-September 2020, a drop of almost 1 per cent. In a year when the government has announced multiple stimulus packages to revive India's covid-hit economy, the central government has spent less than the previous year, NDTV has found. The...
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