-Scroll.in Migrant workers allege the administration stopped serving them food after shelters were set ablaze on Saturday. The Banks of the Yamuna in Delhi have swollen up with men who cannot go home. On Tuesday afternoon, some lay curled over nothing more than a gamcha or cloth towel. A few guarded their bags and belongings by using them as pillows. Others had nothing on them apart from their clothes. Hundreds of these daily-wage...
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In Lockdown Desperation, Migrants Pick Bananas Trashed Near Delhi Cremation Ground -Saurabh Shukla
-NDTV The Bananas were thrown near Nigambodh Ghat, one of the main cremation grounds in the capital, and possibly used in rituals for the dead. New Delhi: Discarded Bananas rotting in the sun made for an unexpected feast for a group of men on the Banks of the river Yamuna in Delhi on Wednesday afternoon. They picked through the trash for any good ones, adding one more gut-wrenching visual to the montage...
More »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...
More »Coronavirus deepens struggles for migrant workers in Gulf countries
-The Indian Express A large number of migrants in the Persian Gulf come from India, Bangladesh, Nepal, Pakistan, and the Philippines. The loss of income will not just affect the workers but will also echo across continents in their home countries, which receive billions of dollars in remittances every year. New Delhi: As multiple countries across the globe try to grapple with the lockdown imposed due to coronavirus pandemic, migrants in the...
More »Lockdown extended: But where are the big Bang fiscal stimulus measures? -Radhika Merwin
-The Hindu Business Line In a bid to curb the spread of Covid-19, Prime Minister Narendra Modi extended the ongoing lockdown till May 3. While the move was imperative to save lives, taking stock of the massive impact of the extended lockdown on jobs and livelihoods is equally critical. More importantly, the Centre will have to announce big Bang fiscal measures soon, to address the fallout of the virus-induced lockdown that...
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