-The Indian Express Left stranded by a nationwide lockdown, which has halted all public Transport, hundreds of labourers devoid of work have started leaving big cities on foot. Ahmedabad, Jaipur, New Delhi, Vadodra: Antresh Kumar, 21, started walking at 3 am on Wednesday from Dharampuri in Najafgarh, South West Delhi. Facing the prospect of no work due to the 21-day lockdown, the daily wager decided that heading home to Moradabad in Uttar...
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COVID-19: Gujarat labourers, tribals forced to take 250 km-long journeys on foot -Rajeev Khanna
-Down to Earth The workers reportedly began their journey on March 23, 2020, with some accompanied by their wives, children Thousands of migrant workers in Gujarat are undertaking long journeys to their native villages on foot. The workers, mostly tribals, travelled upwards of 250 kilometres, in the absence of public Transport. Migrant workers are forced to take this step after the Union government initiated a janata (people’s) curfew and subsequently, a 21-day...
More »Coronavirus outbreak: Food supply shadow on the poorest -Basant Kumar Mohanty
-The Telegraph As the virus spreads and cases mount, the supply chain involving agricultural inputs, production, Transportation and shipping will be disrupted Thirty per cent of India’s lowest income class, already undernourished, could be hit the hardest by the coronavirus pandemic, going by the analysis of an official report and a warning from the United Nation’s Food and Agriculture Organisation. What might further aggravate the situation for the country’s working class, experts and...
More »NBFC association seeks three-month moratorium on EMI payments
-The Financial Express NBFCs are at the forefront of financing many of the affected sectors, notably small road Transport operators, taxi aggregators, infrastructure contractors, MSMEs, traders etc. After banks wrote to the regulator asking for moratorium on corporate repayments, their non-banking counterparts have sought a three-month moratorium on equated monthly instalment (EMI) payments by their customers as much of the country goes into lockdown mode. Non-banking finance companies (NBFCs) are also asking...
More »Economy infected: Task force has a prescription, concerns mount over delay -P Vaidyanathan Iyer
-The Indian Express Over the last one month, the government pulled out all stops to contain the spread of the Covid-19. During this period, economic ministries including Commerce and Industry, Heavy Industries, Road Transport, Civil Aviation, Pharmaceuticals and Consumer Affairs met and heard stakeholders. With Covid-19 wreaking havoc in Indian financial markets and global research and rating firms marking down GDP growth estimates by up to 100 basis points, Prime Minister Narendra...
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