-The Hindu Business Line The Centre's decision to impose restrictions on investments coming in from neighbouring countries especially China could have an impact on the start up segment. Chinese investors have already cornered major stake in 18 out of India’s top 30 Unicorns. A recent report by foreign policy think tank ‘Gateway House: Indian Council on Global Relations,’ has estimated China linked investments in India’s tech start-up sector alone at $4 billion. These...
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Coronavirus deepens struggles for migrant workers in Gulf countries
-The Indian Express A large number of migrants in the Persian Gulf come from India, Bangladesh, Nepal, Pakistan, and the Philippines. The loss of income will not just affect the workers but will also echo across continents in their home countries, which receive billions of dollars in remittances every year. New Delhi: As multiple countries across the globe try to grapple with the lockdown imposed due to coronavirus pandemic, migrants in the...
More »A billion plus hunker down: 75 districts in 22 states placed under complete lockdown -Avishek G Dastidar & Abantika Ghosh
-The Indian Express In a slew of extraordinary measures, authorities announced a complete lockdown of 75 districts in 22 States and Union Territories and suspended all passenger trains, inter-state buses and metro services across the country till March 31. As the Janata Curfew called by Prime Minister Narendra Modi wound up Sunday with people across the country responding by staying indoors and applauding those working to battle the coronavirus threat, the government...
More »How WhatsApp forwards on coronavirus broke the ₹1 tn Indian poultry industry -Omkar Khandekar
-Livemint.com Fake news linking the spread of Covid-19 to chickens have cost the Indian poultry market over ₹1.6 billion a day. The world’s fourth biggest chicken producer now faces its worst crisis in a decade In the first week of February, Somnath Shelke, a poultry farmer in Maharashtra’s Ahmednagar, started receiving text messages on WhatsApp that baffled him. “Broiler chicken me korona virus ko paya gaya hai," one of them said. “Tamam logo...
More »Call for Rs 50,000 crore kitty for workers
-The Telegraph The large-scale unemployment the pandemic was set to cause would cost workers between $860 billion and $3.4 trillion in income losses Several workers’ organisations have demanded a special package to tide workers over the income slump entailed by coronavirus-induced social distancing and economic slowdown, at a time the International Labour Organisation has predicted a loss of 25 million jobs globally. An initial assessment by the ILO said the impact could be...
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