-The Indian Express In a presentation made to Chief Minister Uddhav Thackeray and senior ministers in a meeting on Monday, the state finance department claimed that the unemployment rate had climbed from 3.9 per cent in July to 6.2 per cent in August. Mumbai: A spike in Maharashtra’s unemployment rate in August is threatening the revival of the Covid-hit economy, a government report has said. In a presentation made to Chief Minister Uddhav...
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Why India has emerged as pandemic epicentre, despite early lockdown -Rukmini S
-Livemint.com Despite early steps, India could not stave off the surge because of later mis-steps and legacy issues in health and administrative capacity With more than five million cases, India is now emerging as the epicentre of the covid-19 pandemic. India has already overtaken Brazil in terms of total confirmed cases, and at the current trajectory, will surpass the US within four weeks. Given that the US and Brazil are closest to India...
More »6 million white-collar workers lost their jobs during the lockdown -Prashant K Nanda
-Livemint.com * While 5.9 million white collar workers lost their jobs between May-August 2020, over the previous four months ended 30 April, this job loss number stood at 6.6 million when compared with May-August 2019 * Continued curbs and localized Lockdowns have hit economic recovery and employment prospects NEW DELHI: Almost six million white-collar workers, including engineers, physicians, teachers, accountants and analysts, lost their jobs between May and August, the Centre for Monitoring...
More »Although govt. avoids providing data on the impact of COVID-19 lockdown, timely intervention by a civil society group working among migrants fills the info gap
-Press Release by Stranded Workers Action Network (SWAN), dated 15th September, 2020 In a recent press release, the Stranded Workers Action Network (SWAN) has revealed that around 971 persons have died during the course of the various Lockdowns, as of 4th July 2020. It has also provided the key findings of some recent studies that saw the impact of lockdown and Covid-19 on livelihood security and food security. To a question...
More »Retail inflation to come down with easing of Lockdowns: CEA
-PTI/ The Hindu “Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation to supply-side frictions, Chief Economic Adviser K V Subramanian has exuded confidence that retail inflation will come down in the days ahead with the easing of Lockdowns. According to the government data, retail inflation rose...
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