-The Hindu Expanded RATions will not only bring relief in this pandemic but also help sustain a nourished and healthy population Two days ago, the Finance Minister Nirmala Sitharaman announced a ₹1.7-lakh crore package of social security measures to deal with the COVID-19 pandemic in the period of the 21-day lockdown. In respect of food security, the package falls far short of what is needed. I argue that we need to immediately...
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Borrowers to be charged interest for 3-month moRATorium period: RBI
-The Hindu RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moRATorium period. Banks which give borrowers a three-month moRATorium on repayment of loans will continue to charge interest on the outstanding portion of the loans during this window period, the Reserve Bank of India clarified on Friday evening. The 3-month moRATorium on repayment of loans - including...
More »FM’s announcement of Rs 1.7 lakh crore in the wake of COVID-19, is less than half of the Rs. 3.75 lakh crores required to fulfill the minimal “emergency measures”, convey concerned citizens & grassroots activists
-Press releases by NREGA Sangharsh Morcha dated 26th March, 2020 Civil society activists and concerned citizens have responded to the emergency measures that were announced by the Finance Minister on 26th March, 2020 for the poor, the vulnerable and the migrant & informal workers. An open letter by NREGA Sangharsh Morcha -- an umbrella organisation of CSOs and social activists working for the unorganised sector and MGNREGA workers -- has been issued...
More »COVID-19 Lockdown: Unbearable Half Measures of Modi Government -Subodh Varma
-Newsclick.in An insufficient economic package for welfare of the poor has been announced almost two months after WHO declared it a public emergency. Prime Minister Modi suddenly announced a 21-day lockdown on March 24 across India as a RATher belated and overwrought response to the looming coronavirus disease (COVID-19) that has now spread around the world in 175 countries, striking at over 4.75 lakh persons (confirmed) and killing over 21,000. Two days later,...
More »Coronavirus pandemic is ominous news for India’s rabi crops and farm-to-food chain -Mekhala Krishnamurthy
-ThePrint.in During the coronavirus crisis, income support platforms must be utilised by both state and the Centre. Social distancing should be a norm in wheat procurement mandis. As India goes into a 21-day lockdown, the Narendra Modi government has sought to reassure an anxious public that the country has multiple times the required reserve of food grains to tide over the crisis. There have also been urgent calls for both central and...
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