-Down to Earth These communities have suffered on most social indicators due to a mix of poor logistics as well as prejudice and ostracisation Dalit, Muslim and Adivasi households and neighbourhoods have suffered terribly in the aftermath of the novel coronavirus disease (COVID-19) pandemic in the months following the declaration of the countrywide lockdown, data collected by a group of civil society organisations has showed. These communities were not able to avail...
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Is MGNREGA in danger of running aground because of insufficient allocations in the COVID-19 pandemic? -Debmalya Nandy
-Gaon Connection As against the current allocation of Rs 101,500 crore towards MGNREGA this financial year, there is a need for an additional allocation of Rs 100,000 crore towards the programme to meet the work demands of rural population. As of August 24, the Government of India is left with about Rs 45,000 crore for Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), and there are still seven months to go in...
More »A guide to flattening the curve of economic chaos -Jayati Ghosh
-The Hindu Well-thought-out policies can reverse the results of incompetence; the onus is on the Centre to spend now Now it is official: India has managed to become the global leader in the number of new daily cases of COVID-19 and the worst performing of all major economies during the pandemic so far. How did we manage this double feat? Not through ‘acts of god’, but because of the incompetence and apathy...
More »Fears of contraction, GDP data today will mark COVID effect & phase of recession -Aanchal Magazine
-The Indian Express With economic activity severely disrupted in the first two months of this fiscal, hit hard by a series of localised lockdowns and rising COVID-19 cases, GDP contraction for the first quarter is being pegged at an average 20 per cent by economists, with the de-growth range between 15.2 per cent and 25.5 per cent. The April-June Gross Domestic Product (GDP) will mark India’s entry into a recessionary phase —...
More »Six States forge unity on GST compensation
-The Hindu ‘Centre should borrow loan and pay dues instead of asking States to do so citing fall in collections’ Hyderabad: Six State governments, including Telangana, on Monday bounced back the Centre’s offer made to them to borrow loan and meet their GST compensation in view of shortfall in collections due to the COVID-19 pandemic. At a video conference of Finance Ministers, Telangana apart, West Bengal, Kerala, Chhattisgarh, Delhi and Punjab governments, arrived...
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