-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...
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Digital transactions rise sharply, banks’ RTGS up 34% in March: RBI data -Aashish Aryan & Sunny Verma
-The Indian Express The usage of Cash and other Cash-based services, however, dipped during the period, the data showed. New Delhi: The month of March, in which the national lockdown began, saw a sharp rise in digital financial transactions countrywide, according to data accessed by The Indian Express. According to the latest Reserve Bank of India (RBI) data, the total value of Real Time Gross Settlement (RTGS) transactions — the biggest online payment...
More »Recent reports predict gloomy days ahead for the overall economy
Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...
More »‘Scale of deprivation huge’: 96% stranded workers sans govt ration, says report -Amrita Dutta
-The Indian Express Coronavirus (COVID-19): The report released by a volunteer group has pointed to the scale of the hunger crisis and economic distress among migrant workers stranded in cities. WITH the nationwide lockdown extended till May 3, a report released by a volunteer group has pointed to the scale of the hunger crisis and economic distress among migrant workers stranded in cities. Since March 27, two days after Prime Minister Narendra Modi...
More »Over 30 crore poor get Rs.28,256 crore under PM Garib Kalyan Yojana
-PTI/ The Hindu Rs. 13,855 cr. gone towards PM-KISAN first instalment payment More than 30 crore poor people have received financial assistance of ₹28,256 crore under the Pradhan Mantri Garib Kalyan Yojana announced by Finance Minister Nirmala Sitharaman last month to protect them from the impact of the lockdown. As part of the ₹1.70 lakh crore relief package, the government announced free foodgrains and Cash doles to women and poor senior citizens and...
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