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Nirmala Sitharaman announces Rs. 1.70 lakh crore package for poor

-The Hindu Finance Minister Nirmala Sitharaman on Thursday announced a Rs. 1.70 lakh crore package which is likely to benefit 80 crore people. In her second media conference in a week, Ms. Sitharaman announced a slew of welfare decisions as the nation is under lockdown due to COVID-19 pandemic. Here are the highlights from her speech: * The Finance Minister announced ₹1.70 lakh crore package Pradhan Mantri Gareeb Kalyan Yojana, targetting 80 crore people. *...

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Covid-19: What can be done immediately to help vulnerable population -Reetika Khera

-IdeasforIndia.in With over 80% of India’s workforce employed in the informal sector and one-third working as casual labour, Covid-19's spread and subsequent unplanned lockdowns, have created economic havoc in the lives of millions. In this post, Reetika Khera puts forward suggestions on what can be done to help people immediately, ranging from Cash and in-kind assistance to special measures for migrants in urban areas and urgent health-related measures. The spread of the...

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Give basic income of Rs 4,260 to all individuals in informal sector for 6 months: INBI -Tina Edwin

-The Hindu Business Line INBI has said that emergency basic income should be completely unconditional Close on the heels of the United States (US) and the United Kingdom (UK) announcing measures to protect incomes of vulnerable households through Cash transfers and other fiscal measures, the Indian Network for Basic Income (INBI), an advocacy group working in the area of basic income transfers, has asked the Central Government to consider an emergency basic...

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Left slams PM on steps to counter COVID-19 outbreak

-The Hindu ‘PM failed to outline concrete steps on COVID-19’ The Left parties slammed Prime Minister Narendra Modi’s address to the nation on the COVID-19 saying that the PM failed to outline any concrete measures to contain it and its economic fallout. The CPI(M) has made 11 demands, including Cash transfer of ₹5,000 to Jan Dhan accounts and all BPL (Below Poverty Line) beneficiaries to temporarily tide over the crisis. The party also...

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With no contracts, casual workers may be worst hit -Abhishek Jha

-Hindustan Times According to data from the Periodic Labour Force Survey (PLFS) conducted in 2017-18, workers engaged in so-called casual work – their wages were based on daily or periodic renewal of a work contract – form a quarter of the total workforce. The Uttar Pradesh and Maharashtra governments on Tuesday took steps to protect the livelihoods of daily wage earners. While the Maharashtra government has urged employers to pay daily wagers...

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