-The Hindu The reported contraction of the economy is likely an underestimate for reasons of omission and commission According to data released by the Ministry of Statistics and Programme Implementation of the Government of India on August 31, 2020, real quarterly GDP contracted by a whopping 23.9% between April-June 2019 and April-June 2020. This magnitude of real GDP decline is unprecedented since the country started publishing quarterly GDP estimates in 1996. This...
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Less than 34,000 inter-State migrant workers in 2019-20, says government -Priscilla Jebaraj
-The Hindu No workers were registered in Delhi, Patna; No data on Shramik Special deaths, says responses to RTI requests. In the last five years, there have been no inter-State migrant workers registered in the Delhi, Dehradun or Patna regions. Nationwide, there were less than 34,000 workers registered in 2019-20 under the Inter-State Migrant Workmen (ISMW) Act, 1979, according to a response to a recent Right to Information Act request. In response to...
More »No action will be taken to demolish 48,000 slum clusters in Delhi, Centre tells Supreme Court
-The Hindu Two lakh families live in these houses situated within safety zones along rail tracks in Delhi The Centre informed the Supreme Court on Monday that no action would be taken to demolish 48,000 slum clusters situated within safety zones along rail tracks in Delhi immediately. Appearing before a Bench led by Chief Justice of India Sharad A. Bobde, Solicitor General Tushar Mehta said consultations were on among the Railways, the Delhi...
More »How to reduce food, job insecurity in rural areas -Binoy Acharya, Ved Arya, Pratyaya Jagnannath, and PS Vijayshankar
-Hindustan Times Launch a massive programme to rehabilitate returnee migrants; allocate an additional Rs 50,000 crore for MGNREGS; extend the free ration scheme for six more months; revive and strengthen public systems of service deliver; RBI should give a directive to banks to extend a top-up loan of Rs 10,000 crore to Self-help Groups After the Covid-19 outbreak, 66% of rural households fell short of cash for food. About 40% reduced their...
More »Retail inflation to come down with easing of lockdowns: CEA
-PTI/ The Hindu “Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation to supply-side frictions, Chief Economic Adviser K V Subramanian has exuded confidence that retail inflation will come down in the days ahead with the easing of lockdowns. According to the government data, retail inflation rose...
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