-The Telegraph With opportunity costs attached to the livelihoods of pastoralists being so high, the government must facilitate their safe movement India is battling a second wave of Covid-19 infections; this time it has made inroads into rural India. Pastoral communities, who have limited information about the symptoms, preventive measures, diagnosis, treatment and vaccination, are becoming silent victims. A brief by the League for Pastoral Peoples and Endogenous Livestock Development claims that...
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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 »Nobel winner Abhijit Banerjee calls for bigger government cash payments to Covid-hit poor -Paran Balakrishnan
-The Telegraph Poverty research pioneer cites US, UK and EU experience; Niti Aayog vice-chairman disagrees, says there’s no guarantee ‘helicopter money’ will lead to spending Nobel laureate Abhijit Banerjee has stepped up to the firing line by arguing the government should make bigger direct cash payments under the MGNREGA scheme to help people who have slid into poverty due to the pandemic. The government has already indicated it’s not keen on larger direct...
More »Support sought for economists' relief package for 80% rural, 70% urban households
-Counterview.net A civil society statement, prepared for endorsement from workers’ organisations and concerned citizens by senior economists Amit Basole, Babu Mathews, Gautam Bhan, Jean Dreze, Rajendran Narayan and Ravi Srivastava after several rounds of discussion with trade unions, lawyers and grassroots organisation, has insisted that the Government of India come up with a national relief and recovery package immediately. “Without the direct support of such a package, simply unlocking the economy will...
More »Why and How India Needs to Develop Post-Pandemic Settlements -Ranjit Sabikhi
-TheWire.in Both in urban and rural areas, there are many issues that will need to be addressed. The second wave of the COVID-19 pandemic that we are currently passing through will have a disastrous effect on the life of large numbers of people across the country. The situation is far more serious than what the government recognises or acknowledges. The major impact is going to be on the poorer sections of society that...
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