-IndiaSpend.com More younger workers, and women, lost jobs and struggled to recover them. Even after employment rates recovered, quality of employment deteriorated, with individuals moving into less secure self-employment in agriculture, construction and small-scale trade. Bengaluru: The COVID-19 pandemic has delivered a large and sustained economic shock to the global economy. In India, the effect can be broadly divided into two phases--the shock of the nationwide lockdown in the months of April...

-The Hindu The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Divergences between the booming financial and the stagnant real sectors, which appear rather confounding as well as disconcerting, warrant an explanation. Enumerating the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has been found tracking an upward path, from 40,817 on...

-The Indian Express The state has taken up 1.31 lakh works under the scheme in the past 9 months till December 31, 2020 including some spill over works of the last financial year out of which only 19,612 works (around 15 per cent of the total taken up works) could be completed till date. Jalandhar: Despite generating 269 lakh person days and starting on a good note despite Covid-19, Punjab has only...

-Siasat.com The unheard cries of hunger and starvation may not even be registered in the public consciousness. 2020 has been extremely challenging for people across the world. With COVID-19 cases spreading like wildfire and death tolls rising beyond prediction, the whole world came to a halt. India too has been in a similar situation for at least 9 months now. With an exponential rise in cases despite a strict lockdown, the state of...

-Newsclick.in Unemployment has inched up to over 9% as the year ends and the so-called economic recovery is a mirage. For Indians, 2020 will go down in history as the worst year for livelihoods and incomes. Unemployment levels rose to record highs, incomes plummeted to record lows and such was the scale of deprivation that thousands of families teetered on the brink of starvation. Tragically, this was not just the pandemic. It...