-IndiaSpend.com Massive job losses, up to 51% decline in earnings and reduced food intake--migrant workers struggled to survive through the recent lockdown in Gujarat, finds a study. Migrants received no relief during the second wave, and the measures taken in the last lockdown were not adequate, it shows Ahmedabad: Migrant workers were weeks from running out of food, struggled to access healthcare and faced acute livelihood problems during the partial lockdowns imposed...
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How Covid-19 pandemic has put India’s children at risk of abuse, exploitation and marriage -Shreya Khaitan
-Scroll.in/ India Spend The country needs a nationwide campaign to protect its children from the economic and social consequences of lockdowns and loss of caregivers, say experts. A six-month-old who was touched inappropriately by her father while they were stuck at home during the Covid-19 lockdown. A 14-year-old who might not be able to go back to school as his father, the family’s only earning member, has died from the disease. Five...
More »Rural term deposits fall for first time in eight years -Vivek Kaul
-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are money that depositors keep in a bank...
More »With 45% of Indians excluded from the food security net, it’s time to univeralise the PDS -Swati Narayan
-Scroll.in Poverty is growing, thanks to the Covid-19 economic slowdown. It’s time for the Centre to provide subsidised foodgrains to most Indians. Have you ever closely watched ants foraging for food in the kitchen with remarkable ingenuity, teamwork and dedication? They meticulously gather food – crumbs and grains of sugar – to re-distribute to the entire colony. In addition, they store excess morsels to tide over future shortages. Bees are equally industrious....
More »Negative perception on economy and employment rises to an eight-year high
-The Hindu More than 80% of respondents say the country's economic and employment situation worsened in May 2021 Job losses in urban areas as a consequence of COVID-19-related lockdowns have crushed the confidence levels of city dwellers. Their negative perception of the economy and employment situation has reached the highest level recorded in at least eight years. The negative perception remained high with regard to the overall price situation and incomes too....
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