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Enough with the lofty rhetoric. It’s time to let the money do the talk -Himanshu

-Livemint.com Slogans, vision statements and acronyms are unlikely to be of any help to those in distress As the details of the mega fiscal package of ₹20 trillion announced by the prime minister are slowly being revealed by the finance minister (FM), it is increasingly becoming clear that it has less to do with the immediate crisis of lives and livelihood and more to do with the long-term agenda of reforms and...

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Re-imagining Food systems crucial for climate, economic resilience: Nutrition report -Chinmayi Shalya

-Down to Earth Novel coronavirus disease (COVID-19) pandemic pushes government to act on reforms of Food systems with urgency Food systems must be inclusive, local and diverse to address Food security and malnutrition and build economic and climate resilience, according to the latest 2020 Global Nutrition Report. The report — released by the Stakeholder group — placed equity as the cornerstone of all efforts to overcome global malnutrition and insisted on policy...

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Coronavirus package: Migrant workers to get free Foodgrains

-The Hindu Rs.3,500 crore of second tranche of stimulus to be spent on allocation to those without ration cards. A major focus of the second tranche of the economic stimulus package announced by Union Finance Minister Nirmala Sitharaman on Thursday was to provide free Foodgrains for the next two months to migrant workers who do not have ration cards. The Centre will spend ₹3,500 crore for this purpose. Quoting numbers from State governments,...

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A plan to revive a broken economy -Harsh Mander, Jayati Ghosh and Prabhat Patnaik

-The Hindu There are clear, implementable steps the Centre can take in fiscal terms to revive the economy and support livelihoods The Prime Minister has just announced Lockdown 4.0. Despite some resulting increase in economic activity, vast numbers of working people will remain without their regular incomes. He also announced a package of ₹20 lakh crore, but this includes already allocated money of ₹6-lakh crore and monetary policy directives to banks and...

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80% of urban workers lost jobs during coronavirus lockdown: survey

-The Hindu The Azim Premji University COVID-19 Livelihoods Survey also found that 61% of urban households money to buy even a week’s worth of essentials According to the Azim Premji University COVID-19 Livelihoods Survey, about 80% of urban workers lost their jobs during the lockdown. The average weekly earnings of those who were still employed fell by 61%. About 80% of urban households consumed less Food in April-May compared to February, and 61%...

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