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Academics and CSOs from 87 countries call for an end to IMF's austerity drive so that countries can undertake fiscal measures for economic recovery

-Statement by over 500 organisations and academics from 87 countries against IMF's austerity drive, dated 6th October, 2020 More than 500 organisations and academics from 87 countries have issued a statement today calling on the International Monetary Fund (IMF) to stop promoting austerity and instead support policies that advance gender justice, reduce inequality, and put people and planet first. The IMF has already begun locking some countries into long term austerity-conditioned loans,...

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How WhatsApp messages from Bhutan are saving lives in Assam -Shailendra Yashwant

-Scroll.in/ The Third Pole Flash-flood warnings routed through NGOs are giving border villages precious lead-time to escape the wrath of suddenly rising rivers. In the last few weeks of June, a series of WhatsApp messages were sent from Bhutan to India to warn cross-border friends downstream of the Aai, Saralbhanga and Manas rivers about cloud-bursts, swollen rivers and possible flash floods affecting people in the Indian state of Assam. Although originating from officials,...

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Women's labour force participation in India among the world's lowest: Oxfam -Shagun Kapil

-Down to Earth Three in four Indian women not employed while the gender pay gap is 34 per cent Irrespective of employment category (casual and regular/salaried), organised or unorganised sector, and location (urban and rural), women workers in India are paid a lower wage rate, says a report by Oxfam, an international non-profit organisation. The gender pay gap was 34 per cent in India, that is, women get 34 per cent less compared...

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Inequality has 'female face' in India, women's unpaid work worth 3.1% of GDP: Oxfam

-PTI Globally, the unpaid work done by women is worth 43-times Apple’s annual turnover, according to the Oxfam report Davos: Unpaid work done by women across the globe amounts to a staggering $10 trillion a year, which is 43 times the annual turnover of the world’s biggest company Apple, an Oxfam study said on Monday. In India, the unpaid work done by women looking after their homes and children is worth 3.1% of...

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India's richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

-PTI At Davos, Oxfam said this increasing inequality is undermining the fight against poverty, damaging economies and fuelling public anger across the globe Indian billionaires saw their fortunes swell by Rs. 2,200 crore a day last year, with the top 1 per cent of the country’s richest getting richer by 39 per cent as against just 3 per cent increase in wealth for the bottom-half of the population, an Oxfam study said...

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