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NBFC association seeks three-month moratorium on EMI payments

-The Financial Express NBFCs are at the forefront of financing many of the affected sectors, notably small road transport operators, taxi aggregators, infrastructure contractors, MSMEs, traders etc. After banks wrote to the regulator asking for moratorium on corporate repayments, their non-banking counterparts have sought a three-month moratorium on equated monthly instalment (EMI) payments by their customers as much of the country goes into lockdown mode. Non-banking finance companies (NBFCs) are also asking...

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Dr. Jayaprakash Muliyil, one of India’s foremost epidemiologists and former principal of the Christian Medical College in Vellore, interviewed by Arunabh Saikia (Scroll.in)

-Scroll.in One of India’s most renowned epidemiologists cautions against unsustainable Lockdowns and says community participation is the key to fight the disease. Jayaprakash Muliyil is one of India’s foremost epidemiologists, with decades of experience in the study of infectious diseases. The former principal of the Christian Medical College in Vellore spoke to Scroll.in about India’s response to the coronavirus outbreak. He said the stage of community transmission, when the source of infection for...

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Lockdown hits NREGA workers hard -Damini Nath

-The Hindu Support becomes critical as thousands of migrant workers return to villages The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme has been officially shut down in at least seven States, while it is effectively closed in many more, as COVID-19 Lockdowns come into effect across the country. Workers’ collectives are demanding relief in the form of wages during the shutdown, payment of pending dues, and extension of the scheme in...

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Covid-19 will test, reshape the State -Yamini Aiyar

-Hindustan Times Today’s choices will determine the future of the Indian State’s relationship with citizens The only certainty in the coronavirus-induced global chaos is that the idea of the nation-state as the all-powerful, enforcer of social order is back. After decades of globalisation, neo-liberalisation and privatisation, in this moment of crisis, people across the globe are looking to their national governments and willingly giving up their civil liberties in favour of absolute...

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Glimmers of hope amid the Coronavirus pandemic - can it be a wake-up call of sorts? -Nandana James

-The Hindu Business Line Mumbai: Amid the coronavirus pandemic, life has become akin to a dystopian movie, with Lockdowns and quarantines becoming the norm, wherein even doing a nondescript chore comes saddled with dire consequences. But, even as life is grinding to a standstill and uncertainty looms large, are there any glimmers of hope around? Social distancing measures, which include travel restrictions and companies enforcing work-from-home, have been enforced in all countries...

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