-TheWire.in The mass exodus of migrant workers from cities after the nationwide lockdown has amplified the housing crisis for migrant workers in cities. ‘Low-income migrants’ in cities have always subsumed under the blanket, but arguably vague, term ‘urban poor’. This categorisation overlooks the mobility dimension of migrant workers’ lives where they are constantly moving between places in search of work, following capital. The government’s own estimates also indicate that with each passing...
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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »RBI may not extend moratorium on repayment of loans beyond Aug 31: Report
-Business Standard The six-month moratorium period comes to an end on August 31 The Reserve Bank is unlikely to extend the moratorium on repayment of bank loans beyond August 31 as an extension could impact the credit behaviour of borrowers without resolving the issues being faced by them following the outbreak of the Covid-19, sources said. The RBI had announced a moratorium on repayment of debt for six months beginning March 1, 2020...
More »Vividly imagining the life of migrant workers -Rajeev Bhargava
-The Hindu A regime of social policy must be installed to meet the basic needs of all citizens at all times – not only during pandemics The current pandemic has forced us to think about the plight of workers in our country. While the virus has demonstrated the enormous value of health workers, it has also enhanced public awareness of the pivotal role of migrant workers in our economy. We have been...
More »Corona: Super rush, panic to stock up supplies -Yesha Kotak
-Hindustan Times Mumbai: Fearing a lockdown in the wake of the coronavirus outbreak, citizens have started to throng supermarkets and grocery stores to buy provisions, with many shops running out of stock on Sunday and Monday. Local groceries and supermarket chains said they had to refill stock meant for an entire week on one day or source it over the next two days. Among the commodities that are most in demand are...
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