-The Hindu These families are on the brink of urban poverty, forced to do what they once thought was impossible — borrowing for their children's school fees, defaulting on EMIs, falling back on rent, cutting down on necessities. Mumbai: MANY locks in the nation’s financial capital are being opened one by one, new Covid numbers are falling but most doors — or windows — to any opportunity to earn are still firmly...
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Workers returning to Delhi post-lockdown stare at joblessness -Ashok Kumar Soibam and Rocky Singh
-The Hindu Several workers returning to Gurugram and Delhi from their home towns after the lockdown discover their employers have already filled their positions Vijay Mishra, a chhole-poori vendor on Jharsa Road in Gurugram, is the odd man out among a row of fruit sellers. The 38-year-old makes ₹200-₹300 daily, not even half of what he used to earn at his job in Maruti Suzuki India Limited before the lockdown. Like thousands of...
More »Situation of Gurgaon workers worsened after the announcement of Lockdown 2.0, shows a rapid assessment survey
-Press release by Gurgaon Nagrik Ekta Manch dated 26th April, 2020 A large number of civil society organisations came forward to respond quickly to the lockdown-induced hunger crisis among the informal sector workers in Gurgaon. Gurgaon Nagrik Ekta Manch (GNEM), an organisation working among the unorganised workers, started distributing an average of 350 ration kits per day since 27th March, 2020, the third day of the lockdown, and about 25,000 cooked...
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
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