-NDTV On March 26, the Finance Minister made the announcement of doubling the entitlements of PDS ration card holders for the months of April-June. Since then, it has been clear that the PDS has served as a lifeline for millions of Indians who were left high and dry when the sudden and complete lockdown had been announced two days prior. As we approached the end of June, pressure had been mounting to...
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Core’s contraction: On slowing economy
-The Hindu As output and demand slow, India must retain twin focus on the pandemic and economy Output in the eight core industries suffered an overall contraction for a third straight month in May, shrinking 23.4%, as the pandemic-induced lockdown kept large parts of the economy shuttered, the Commerce Ministry’s provisional figures show. Of the eight, all but one posted declines in production compared with a year earlier, with six sectors witnessing...
More »Migrant foodgrain scheme reached less than 15% of 8 crore target -Priscilla Jebaraj
-The Hindu Andhra Pradesh, Goa and Telangana had zero percent distribution The scheme to provide free rations to eight crore migrants under the Aatmanirbhar package reached less than 15% of its target beneficiaries, according to data provided by the Food Ministry on Wednesday. Andhra Pradesh, Goa and Telangana had zero percent distribution and seven States had less than 1% distribution. The scheme was announced by Finance Minister Nirmala Sitharaman in mid-May to support...
More »It’s time to give IRS officers their due -TCA Ramanujam
-The Hindu Despite being specialists, they are relegated to the margins The Central Board of Direct Taxation (CBDT), a wing of the MINISTRY OF FINANCE, has initiated disciplinary proceedings against some Indian Revenue Service (IRS) officers for a report they submitted to the government recently. The officers are not corrupt, nor did they abuse any Minister or any functionary of the government. So, what was their crime? A group of 50 IRS officers...
More »Lockdown led to massive job losses, show early results of an ongoing telephonic survey
Preliminary results of an ongoing study by the Centre for Sustainable Employment of Azim Premji University (APU) indicate that the lockdown has had a devastating impact on the livelihood security of the working people. The survey is currently being conducted across the country by the Centre for Sustainable Employment along with civil society organisations. Impact on livelihoods Analysis of preliminary data collected through telephonic interviews between 13th April, 2020 and 9th May, 2020...
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