-ThePrint.in RBI data shows a sharp increase in households borrowing against gold. Other indicators also show higher borrowing. More credit is fine, but vaccination needs priority. The second wave of the Covid-19 pandemic and the ensuing Lockdown has hit household incomes sharply. Households have survived to a large extent by borrowing. The Reserve Bank of India (RBI) data shows a sharp increase in households borrowing against gold. In addition to borrowing from the...
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COVID-19 in UP: No Food, No Money, No MGNREGA Work, Second Wave Forcing Migrant Workers to Die by Suicide -Abdul Alim Jafri
-Newsclick.in According to union leaders, due to the panchayat polls from April to May in Uttar Pradesh, there was a halt in MGNREGS work, and the demand for labourers further slumped due to the complete Lockdown that followed soon after. Lucknow: Brindaban Banjara (40), a security in-charge at Paragon footwear in Nangloi area of Delhi used to earn Rs 22,000 per month before the pandemic hit. But, within a span of three...
More »Covid-19 made poor more vulnerable to child trafficking, say NGOs -Sushmita Ghosh
-IndiaToday.com Activists say that despite the Covid-19 restrictions in places, cases of child trafficking continue to rise unabated. On June 4, Pooja (name changed) was rescued from her employer’s house in Patna. At 10, Pooja had been working as a domestic help for about a year. She was taken by child traffickers in June 2020, when the country was exiting from a nationwide coronavirus Lockdown. After a year of child labour, she was...
More »Why and How India Needs to Develop Post-Pandemic Settlements -Ranjit Sabikhi
-TheWire.in Both in urban and rural areas, there are many issues that will need to be addressed. The second wave of the COVID-19 pandemic that we are currently passing through will have a disastrous effect on the life of large numbers of people across the country. The situation is far more serious than what the government recognises or acknowledges. The major impact is going to be on the poorer sections of society that...
More »Jobs Carnage – 2.5 crore Jobs Lost Since January - Subodh Varma
-Newsclick.in Construction, manufacturing, hospitality sectors most affected. Over 1.7 crore daily wage workers lose jobs. Over 2.5 crore existing jobs have been lost between January and May 2021. The bulk of these losses – about 2.2 crore – have occurred in April and May, the period in which India was engulfed in a brutal second wave of COVID-19, leading to state-level Lockdowns of varying degrees. These chilling figures emerge from the latest...
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