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A safety net, post Covid: We need to provide minimum income for poor and vulnerable -C Rangarajan and S Mahendra Dev

-The Indian Express We need to provide minimum income for poor and vulnerable — cash transfers for women, increasing MGNREGA to 150 days in rural areas, introduction of urban employment guarantee scheme. In the post corona crisis situation, India has to address many problems, of which two stand out. First, the improvement of our healthcare system and second, the need for the institution of a scheme to provide minimum Income Support to...

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India Inc's big bet on Bharat saving the day -Sayantan Bera

-Livemint.com * Rural spending is the only ray of hope for a ravaged economy. But will consumers rise to the occasion? * The income loss due to 30 million migrant workers returning home is a significant hit to household finances. Moreover, covid-19 has deeply affected an already bruised consumer psyche The locked rooms lining the courtyard of Dilip Patidar’s sprawling ancestral home once smelled like a spice box. That was some years ago...

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COVID-19 widened educational divide: UNESCO report

-The Hindu School closures also interrupted support mechanisms from which many disadvantaged learners benefit The COVID-19 pandemic has exacerbated inequalities in education systems across the world. According to a UNESCO report released on Tuesday, about 40% of low- and lower-middle-income countries have not supported learners at risk of exclusion during this crisis, such as the poor, linguistic minorities and learners with disabilities. The 2020 Global Education Monitoring Report noted that efforts to maintain...

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How China Reduced the Urban-Rural Economic Chasm – and How India Can Do it Too -Mahesh Uniyal

-TheWire.in Unlike China which supported productivity-enhancing R&D investments, India’s focus has been on politically-driven subsidies that mainly benefit large farmers. We saw the trailer two years ago. TV news visuals of the plight of thousands of rural poor marching to Mumbai shocked the relatively affluent residents of India’s financial capital. The March 2018 Maharashtra farmers’ march and now the nationwide COVID-19 lockdown-triggered migrant exodus has exposed the stark duality of India –  an...

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139 million people across Indian cities likely to run out of savings by month-end -Ganesh Rao, Praveen Ravi and Vishnu Padmanabhan

-Livemint.com 30% of India’s urban population may deplete their lifetime savings by the end of June and would find it difficult to meet essential consumption In the best of times, India’s poor lead a fragile existence but in the worst of times their situation becomes extremely precarious. The lockdown of the country over the past few months has discomfited everyone but it has hit the urban poor the hardest. Measuring vulnerability accurately is...

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