-The Hindu Lender sees ‘considerable downside risk’ from latest COVID wave, says may revise forecast in July The Asian Development Bank has raised its forecast for India’s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April’s exponential jump poses a “considerable downside risk to the recovery”. ‘Targeted containment’ In its assessment based on end-March data, the ADB cited this year’s...
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Modi’s Grand Insurance Scheme Prioritises Profit Over Farm Losses -Srishti Jaswal
-Article-14.com Over 3 years to 2020, as India’s farm crisis deepened, 18 insurance companies running Prime Minister Narendra Modi’s crop-insurance scheme rejected nearly a million claims. As pandemic and pestilence devastated farms, we reveal how the scheme’s complex fine print frustrates farmers and disregards individual loss Hisar, Haryana: As 2020 began, Haryana cotton farmer Ramandeep sensed it would be harsher than the previous years: the winter rains were scanty, withering his crop...
More »As thousands of migrants on move again, grain scheme for poor back -Harikishan Sharma
-The Indian Express The new version of the scheme does not, however, include an important component of last year's PM-GKAY – 1 kg pulses per month free to each household under the NFSA. With thousands of migrants headed back to their towns and villages amid lockdown-like restrictions in several big cities, the government on Friday said it was restarting the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) to provide additional 5 kg...
More »Deal with migrant workers tactfully to prevent exodus: Advisory to officers -Mahender Singh Manral
-The Indian Express Delhi Police's special branch asked the district police to intensify patrolling at night to prevent unauthorized movement of labourers. As Covid cases surge and the possibility of a lockdown looms in the national capital, the Special Branch of Delhi Police, after taking cues from the mass migrant movement during the last shutdown, has asked all 15 district police officials to counsel migrant workers and send them back to their...
More »Loan burden increased across India in 2020 amid pandemic: Study
-Down to Earth Among marginalised groups, indebtedness was highest in Muslim-majority and Scheduled Caste-majority hamlets Indebtedness became more acute in around 70 per cent hamlets surveyed in 75 Indian districts during October-December 2020, according to a study on the effects of the novel coronavirus disease (COVID-19) pandemic and lockdowns. The figure was 76 per cent in the first few months following last year’s lockdown. There was a slight dip in the indebtedness of...
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