-The Indian Express A large number of migrants in the Persian Gulf come from India, Bangladesh, Nepal, Pakistan, and the Philippines. The loss of income will not just affect the workers but will also echo across continents in their home countries, which receive billions of dollars in remittances every year. New delhi: As multiple countries across the globe try to grapple with the lockdown imposed due to coronavirus pandemic, migrants in the...
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Banks red-flag looming retail loan default, push for 6-month moratorium -George Mathew & Anil Sasi
-The Indian Express The extended lockdown across the manufacturing and services sectors, the resultant job losses along with the wave of salary cuts are projected to start impacting the repayment capacity of retail borrowers. Mumbai/ New delhi: The possibility of loan defaults spilling over from the corporate sector to the retail segment, a key growth area for lenders in recent years, has been flagged as a growing concern by bankers at a...
More »Amid COVID-19 Effects, Executive Orders To Fast-Track Labour Codes -Sunil Prabhu
-NDTV Amid an expected global downturn of economy following the COVID-19 pandemic and the related lockdown, the outlook for India has been particularly gloomy. New delhi: The coronavirus and the subsequent lockdown has pushed the government to take the ordinance route to formulate three of the four labour codes it is planning. The codes have already been introduced in parliament. One of them - the code on wages, which clubs together the...
More »It's time to universalize the PDS to avoid hunger & starvation during lockdown, appeal social activists to the union food minister
-Press release by Right to Food Campaign dated 13th April, 2020 Supported by more than 450 concerned citizens and civil society organisations, an appeal has been sent by the Right to Food Campaign to the Union Minister of Consumer Affairs, Food and Public Distribution Shri Ram Vilas Paswan on 13th April, 2020. In that letter to the food minister, the Right to Campaign -- an informal network of organisations and individuals committed...
More »India cannot fight a pandemic with police lathis. It must ensure people have food – and dignity -Supriya Sharma
-Scroll.in Scenes in the national capital offer a glimpse into the crisis. “You can speak to him in English,” said a rickshaw puller who was eating his first morsel of food for the day around 1 pm on Saturday. He was among more than a hundred people who had lined up in the heat outside a government school in South delhi’s Jangpura neighbourhood to get a scoop of dal over a small...
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