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A pandemic, an economic blow and the big fix -Praveen Chakravarty

-The Hindu A package for Rs. 5-lakh crore-₹6-lakh crore targeted across different sections of society and the economy, is feasible India has just finished a day of curfew and clapping to practise ‘social distancing’ and to express gratitude to the millions of health and essential services workers amid the COVID-19 pandemic. It was a laudable initiative by the Prime Minister to rally the nation together. The nation is truly at war, as...

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Informal Workers in the Time of Coronavirus -CP Chandrasekhar and Jayati Ghosh

-Macroscan.org/ The Hindu Business Line State policies to deal with the economic fallout of the Covid-19 pandemic tend to address financial losses of companies. But the material impact is much worse for informal workers who constitute the bulk of the global workforce. Please click here to read the article. * This article was originally published in the Business Line on March 24, 2020.   ...

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Lockdown hits NREGA workers hard -Damini Nath

-The Hindu Support becomes critical as thousands of migrant workers return to villages The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme has been officially shut down in at least seven States, while it is effectively closed in many more, as COVID-19 lockdowns come into effect across the country. Workers’ collectives are demanding relief in the form of wages during the shutdown, payment of pending dues, and extension of the scheme in...

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The perils of an all-out lockdown -Jean Drèze

-The Hindu If the poor must stay at home, they need income support and essential services As the novel coronavirus spreads, a double crisis looms over India: a health crisis and an economic crisis. In terms of casualties, the health crisis is still very confined (seven deaths in a country where eight million people die every year), but the numbers are growing fast. Meanwhile, the economic crisis is hitting with full force,...

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No economic task force for COVID-19 yet -Priscilla Jebaraj

-The Hindu Will be set up by PMO or Cabinet Secretariat, says Finance Ministry. Four days after Prime Minister Narendra Modi announced that a task force would be set up to deal with the economic impact of coronavirus (COVID-19), it has yet to be constituted. Although Mr. Modi said the task force was to be headed by Finance Minister Nirmala Sitharaman, the Ministry says it is not responsible for constituting the body. In...

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