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Give basic income of Rs 4,260 to all individuals in informal sector for 6 months: INBI -Tina Edwin

-The Hindu Business Line INBI has said that emergency basic income should be completely unconditional Close on the heels of the United States (US) and the United Kingdom (UK) announcing measures to protect incomes of vulnerable households through cash transfers and other fiscal measures, the Indian Network for Basic Income (INBI), an advocacy group working in the area of basic income transfers, has asked the Central Government to consider an emergency basic...

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Working People's Charter placed before Nirmala Sitharaman, head of COVID-19 Economic Response Task Force, to provide tangible relief to working classes & unorganised workers

-Working Peoples’ Charter Secretariat, dated 21st March, 2020   An open letter has been issued by civil society and trade union activists to the Finance Minister Ms. Nirmala Sitharaman, who is also heading the COVID-19 Economic Response Task Force. In that letter, a charter of demands has been put before the government to provide immediate relief to the working classes and the informal sector workers in the wake of COVID-19 outbreak in...

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COVID-19: Labour rights group seeks Rs 50,000-crore emergency fund for informal sector workers

-Scroll.in The Working People’s Charter told the Centre that the economic risks the COVID-19 poses to workers employed in the informal sector cannot be overlooked. The Working People’s Charter, a labour rights group, on Friday urged the Centre to create an emergency fund of Rs 50,000 crore to provide social and economic support to workers in the informal sectors amid the escalating coronavirus pandemic. The organisation, which claims to represent trade unions...

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Economy infected: Task force has a prescription, concerns mount over delay -P Vaidyanathan Iyer

-The Indian Express Over the last one month, the government pulled out all stops to contain the spread of the Covid-19. During this period, economic ministries including Commerce and Industry, Heavy Industries, Road Transport, Civil Aviation, Pharmaceuticals and Consumer Affairs met and heard stakeholders. With Covid-19 wreaking havoc in Indian financial markets and global research and rating firms marking down GDP growth estimates by up to 100 basis points, Prime Minister Narendra...

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Govt shouldn’t junk unpleasant data -Biswajit Mandal & Saswati Chaudhuri

-The Hindu Business Line Suppressing data that point to low growth, rising joblessness and poverty impedes effective policymaking in a crisis Finance Minister Nirmala Sitharaman, in her Budget speech, said “data is the new oil” and stressed on the credibility of data to combat the difficulties in real-time monitoring of the Indian economy. She even proposed building data centre parks throughout the country so that skilful incorporation of data in every step...

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