-Hindustan Times Paharganj, once a bustling, thriving market whose entire economy depends on foreign tourists, is a microcosm of the devastation caused by the ongoing coronavirus crisis in the capital’s tourism sector. Satyam Bhatnagar runs a handicrafts shop in Paharganj’s main bazar, a backpackers’ paradise that boasts of hundreds of touristy establishments such as money changers, hotels, rooftop restaurants, tour operators, and handicrafts shops selling a range of stone and wood sculptures,...
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What is a bank moratorium, and when does it come into play? -K Bharat Kumar
-The Hindu * When does the Reserve Bank of India intervene, and what are some of the key steps it takes? The story so far: On November 17, the Centre, acting on the recommendation of the Reserve Bank of India (RBI), imposed a moratorium on Lakshmi Vilas Bank (LVB) for a period of 30 days. The 94-year-old bank, based in Karur, Tamil Nadu, has been struggling with losses for three years. As...
More »India’s no to RCEP could still be a no -Biswajit Dhar
-The Hindu The circumstances under which New Delhi had distanced itself from the RCEP negotiations have hardly improved Last week, 15 East Asian countries agreed to take their economic integration several notches higher by forging the Regional Comprehensive Economic Partnership (RCEP), the largest free trade agreement (FTA) ever. In 2019, RCEP members accounted for about 30% of world output and population and 28% of world trade. But more importantly, about 44% of...
More »The ‘Time Use Survey’ as an opportunity lost -Indira Hirway
-The Hindu Gaps in the Indian version’s data will impact Sustainable Development Goal 5.4 and the ILO’s resolution on defining work The all India Time Use Survey, 2019 has just been published by the Government of India. As a survey that has covered the entire country for the first time, the National Statistical Office needs to be complimented for accomplishing the task. The “Time Use Survey, or TUS, provides a framework for measuring...
More »Odisha’s Bonda tribe sees rise in ‘distress migration’ -Satyasundar Barik
-The Hindu While the youth have abandoned villages for work in distant towns, children have dropped out of schools after pandemic Andrahal: Perched at a height of 3,500ft above sea level in the hilly Malkangiri district of Odisha, this village is difficult to access and so are its inhabitants — the Bondas, a particularly vulnerable tribal group, known for their secluded lives away from the mainstream. However, the lack of access has not...
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