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Economy Tumbles, 1 Crore Jobs Lost Since January -Subodh Varma

-Newsclick.in The pandemic has heightened an already simmering economic crisis – and the worst is still to come. The number of employed persons in India plummeted from about 40 crore in January to 39 crore in April 2021. That’s a loss of one crore employed persons, one of the steepest falls ever in four months, barring the brutal devastation caused by last year’s complete countrywide lockdown in April-May 2020. This emerges from...

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The Hunger Pandemic -CP Chandrasekhar and Jayati Ghosh

-The Hindu Business Line/ NetworkIdeas.org The disease ripping through the country is only one of the destructive forces affecting the lives of hundreds of millions of Indians. The dramatic increase in hunger is another. Like devastation wrought by the current surge in coronavirus infections, this too is the result of policy failure and official callousness. It is already causing immense suffering among affected people and will have serious repercussions on their...

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Brace up for recession -Aunindyo Chakravarty

-The Tribune Govt must prepare for worst-case scenario as things won’t be resolved on their own In February this year, a restaurateur friend turned optimistic. Business was back to 70 per cent of pre-Covid days and things could only get better. There could be no stronger signal that India’s economy had turned the corner. Experts had predicted that restaurants would be the last places to see a full recovery. They are closed...

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Harsh Mander: A lesson in how to end the mass suffering unleashed by India’s first lockdown -Harsh Mander

-Scroll.in A report by the collective Hunger Watch reveals the extent of continuing hunger caused by state policy, and recommends ways to end the distress. A spectacularly uncaring, unaccountable state has abandoned Indians to their fate. Bodies are piling up, pyres burn late into the night, and corpses are buried in anonymous mass graves. Loved ones are choking to death because their governments failed to secure them oxygen. Vaccines have fallen short...

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As Covid second wave persists, MGNREGS comes to rural India’s rescue, yet again -Chetan Chauhan

-Hindustan Times The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has witnessed the sharpest year-on-year increase in employment generation in its history in April 2021, government data shows, in a sign that the second Covid wave has caused major reverse migration adding to rural economic distress. According to rural development ministry data, around 22 million households have got work under the job guarantee in the month of April 2021, which is...

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