ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...
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RBI may not extend moratorium on repayment of loans beyond Aug 31: Report
-Business Standard The six-month moratorium period comes to an end on August 31 The Reserve Bank is unlikely to extend the moratorium on repayment of bank loans beyond August 31 as an extension could impact the credit behaviour of borrowers without resolving the issues being faced by them following the outbreak of the Covid-19, sources said. The RBI had announced a moratorium on repayment of debt for six months beginning March 1, 2020...
More »Explained: How marriage age and women’s health are linked -Nushaiba Iqbal
-The Indian Express PM Narendra Modi has announced a panel to fight malnutrition in young women and ensure they get married at the right age. A look at how the two are linked During his Independence Day speech, Prime Minister Narendra Modi said: “We have formed a committee to ensure that the daughters are no longer suffering from malnutrition and they are married off at the right age. As soon as the...
More »Consumption shock severe, economic recovery will take longer, poorest hit the hardest: RBI -George Mathew
-The Indian Express “Private consumption has lost its discretionary elements across the board, particularly transport services, hospitality, recreation and cultural activities,” the RBI said in its Annual Report for 2019-20. The Reserve Bank of India (RBI) Tuesday indicated that the economy which is expected to contract for the first time ever, will take “quite some time to mend and regain” the pre-Covid momentum, as the “shock to consumption is severe” and the...
More »Delhi: Teacher Selected for National Award Awaits Last 2 Months’ Salaries -Ronak Chhabra
-Newsclick.in “Timely salary payments for our labour is not merely a demand, but a right of the employees. It is outrageous to not clear the dues on time,” said the 47-year old Surendra Singh, a primary teacher at an NDMC-run school in Delhi. A primary teacher at a North Delhi Municipal Corporation (NDMC) run schools, who is to be accorded with the annual national teachers’ award later this year, is among the...
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