-The Indian Express PM wary of open-ended provisions: Fund for MSME with guarantee likely. AS the COVID pandemic and the prolonged lockdown batter all sectors of the economy, the government, sources said, is working on a rescue package that, for now, may address the needs of the micro, small and medium enterprise (MSME) segment rather than the larger corporate sector. More than six meetings have been held at the Prime Minister’s Office —...
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COVID-19 Lockdown: In April, MGNREGA Work Crashed to Lowest in 7 Years -Kabir Agarwal
-TheWire.in In the month of April 2020, 34 lakh households were provided work compared to 1.7 crore in April of 2019, a decline of 86%. New Delhi: Only 20% of the number of people who were provided work in April 2019 were employed in April 2020 under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), according to official government data. In the month of April 2020, 34 lakh households were provided work...
More »March core sector output slumps 6.5%
-The Hindu Sharper contraction likely in Index of Industrial Production. Output at India’s core sector contracted by 6.5% in March, Commerce Ministry data show, reflecting the early impact of the COVID-19 pandemic and the subsequent nationwide lockdown. The index of eight core sector industries, which form 40% of the weight of items included in the broader Index of Industrial Production (IIP), reflected a contraction in key parts of the economy in March, according...
More »Why did the Centre put migrant workers through five weeks of anguish before letting them go home? -Ipsita Chakravarty
-Scroll.in Neither testing nor hospital capacities in rural districts seems to have shown much improvement since lockdown was imposed. Five weeks after a nationwide lockdown to contain the spread of the coronavirus was announced to contain the spread of the coronavirus, the Centre will allow migrant workers to return home. Five weeks during which hundreds of thousands of workers set out on foot to cover the hundreds of kilometres that lay between...
More »Chhattisgarh purchased highest value of minor forest produce in country amid lockdown -Ritesh Mishra
-Hindustan Times The government officials quoted the data, released by the Central government-run Tribal Cooperative Marketing Development Federation of India (TRIFED), to highlight that Chhattisgarh’s purchase has been the highest in the country to alleviate the plight of the state’s poor forest dwellers and tribal villagers, who are dependent on the MFP for their livelihood. Raipur: Chhattisgarh government has announced that it has topped the country in the purchase of minor forest...
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