-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...
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Over three-fourth of workers lost their livelihoods since lockdown, finds ActionAid India's national survey of informal labourers
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...
More »Over three-fourth of workers lost livelihoods since lockdown, finds a national survey of informal workers conducted by ActionAid India
-Press release by ActionAid India dated 13th August, 2020 Out of 11,537 respondents, over three-fourths reported that they had lost their livelihood since the imposition of the lockdown. Close to half of the respondents said that they had not received any income, and about 17 per cent had received only partial wages. Approximately 53 per cent said that they had incurred additional Debt during the lockdown. More than half of the...
More »Gaon Connection Survey: Rural India faced insurmountable sufferings during COVID-19 lockdown; 74% of respondents satisfied with Modi government
-Gaon Connection Gaon Connection brings to you the unseen face of the other India – rural India – with the first-of-its-kind national survey on the impact of the COVID-19 lockdown on rural India. In a first-of-its-kind national survey on the impact of the COVID-19 lockdown on rural India, Gaon Connection, India’s largest rural media platform, has documented the untold miseries rural citizens faced during the lockdown, ranging from mounting Debts, increasing hunger,...
More »No Sign of Revival: Garment Biz Ostagars, Tailor-workers of West Bengal Despair -Rabindra Nath Sinha
-Newsclick.in The dearth of capital will make a return to normalcy difficult for ostagars even when there will be a visible improvement and the authorities muster courage to lift all the restrictions. Kolkata: “We are passing through the worst phase in our 17 years old enterprise BabyGarments.in and we have no clue when we will see the first signs of revival”. This is how a middle-aged woman entrepreneur and proprietor of BabyGarments,...
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