-Scroll.in The focus is on providing food grains to the very poor as against supporting that with more funding for existing nutrition-focussed welfare programmes. Data collated from a recent paper -studying the impact of the Covid-19 lockdown in 2020 by Jean Dreze and Anmol Somanchi reflect the grim condition of India’s looming malnutrition crisis. In a co-authored essay around April 2020, we had argued how the “hidden costs of this pandemic” (and the...
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'We exhausted our savings to pay the hospital' -Parth MN
-RuralIndiaOnline.org Poor public infrastructure, unaffordable private medical care and limited access to the state health insurance scheme are pushing Covid patients and their families into long-term debt in Marathwada Eight days after testing positive for Covid-19, Ramling Sanap died in the hospital where he was being treated for the infection. But it wasn’t the virus that killed him. A few hours before he died, Ramling, 40, had phoned his wife, Rajubai, from the...
More »How India's Financial Inclusion Infrastructure Failed During the Pandemic -Isabelle Guérin, Nithya Joseph and G Venkatasubramanian
-TheWire.in Despite the fact that India's financial inclusion infrastructure has a complex mix of self-help groups and small private banks offering credit to the poor, it has failed to deliver during the pandemic. When the pandemic struck, policymakers and prominent economists across the world called for financial infrastructures to be strengthened. They argued this would support the efficient channeling of relief through cash transfers or cheap loans. India was no exception to...
More »How Covid-19 pandemic has put India’s children at risk of abuse, exploitation and marriage -Shreya Khaitan
-Scroll.in/ India Spend The country needs a nationwide campaign to protect its children from the economic and social consequences of lockdowns and loss of caregivers, say experts. A six-month-old who was touched inappropriately by her father while they were stuck at home during the Covid-19 lockdown. A 14-year-old who might not be able to go back to school as his father, the family’s only earning member, has died from the disease. Five...
More »Rural term deposits fall for first time in eight years -Vivek Kaul
-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are Money that depositors keep in a bank...
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