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Thomas Piketty, Professor of Economics at Paris-based School of Advanced Studies in the Social Sciences and expert on inequality, interviewed by Narayan Lakshman (The Hindu)

-The Hindu Nationalism is not going to solve the big problems, says the economist. If the catastrophic human toll of the ongoing COVID-19 pandemic was the FIRst wave to strike the world this year, its severe economic consequences – including loss of livelihoods of the poor across countries, leading to massive internal displacement and starvation in many cases – have been the second wave. It is in this context that the seminal work...

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Chhattisgarh to reward farmers through new scheme -Varghese K George

-The Hindu Baghel says scheme will cover rice, maize and sugarcane farmers to begin with, and will expand to other crops later Farmers in Chhattisgarh would get up to ₹13,000 an acre a year under a new income support programme announced by the State government. The Rajiv Gandhi Kisan Nyaya Yojana would kick off on Thursday, 19th death anniversary of the former Prime Minister. In the FIRst instalment, ₹1,500 crore would be...

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Concerned citizens ask state governments to transport stranded migrants to their homes

-Press release by Stranded Workers Action Network, dated 20th May 2020   We, the undersigned organizations call upon the State governments concerned to bring out all idle transport vehicles out from garages to the State and National highways to carry the workers to their home. We also request that more interstate trains be run, and in a coordinated fashion, to ensure that workers do not remain struck in overcrowded dormitories and camps....

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Govt withdraws order on compulsory wage payment by FIRms during lockdown -Somesh Jha

-Business Standard Trade unions slam decision, employers welcome it, saying it was absolutely necessary especially in absence of grants from govt to industry for wage payment  In what may come as a major relief to businesses, the Union government has withdrawn its order directing employers to pay wages to workers, even with units remaining shut during lockdown. On Sunday, the Ministry of Home Affairs (MHA) had issued a fresh set of guidelines which...

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Modi's 'Stimulus Package' is a Gigantic Confidence Trick Played on the People of India -Prem Shankar Jha

-TheWire.in Eighty per cent or more of the demand in the economy has vanished thanks to the lockdown he hastily announced, with no warning or preparation. The only way out is to pump money in to revive demand. In  a discussion on NDTV about the contents of the third tranche of Prime Minister Narendra Modi’s stimulus package for the economy, Yogendra Yadav, one of India’s most respected psephologists, called it ‘entertainment’. Yadav...

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