Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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Smothering the housing rights of the urban poor -Mathew Idiculla
-The Hindu A Court order, on Delhi’s slum dwellings, threatens to undo the promise of the right to housing offered in earlier verdicts In a short order with devastating consequences, the Supreme Court of India on August 31 ordered the removal of about 48,000 slum dwellings situated along the railway tracks in Delhi. A three-judge Bench headed by Justice Arun Mishra, in one of his last orders before his retirement, directed State...
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »Reimagining urban housing for those who have always worked from home -Shalini Sinha & Malavika Narayan
-Scroll.in In absence of any overarching policy protecting them, home-based workers are one of the worst affected in the coronavirus pandemic. Around 41.85 million workers in India work from their homes as home-based producers. They have always done so, even before the pandemic. The poor quality of their homes and the deficits in housing and urban infrastructure policies have grave economic consequences for them, which are being exacerbated by the Covid-19 crisis. At...
More »Over three-fourth of workers lost their livelihoods since lockdown, finds ActionAid India's national survey of informal labourers
ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...
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