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An invisible humanitarian crisis in India -Harsh Mander

-The Hindu The state and the rich and middle classes remain indifferent as millions slip into chronic hunger and intense poverty India’s labouring poor have largely disappeared even from the inner pages of newspapers and from television screens. It is as though, after the country has gradually unlocked and most migrants have returned home, the wrenching distress of mass hunger and sudden unemployment that racked their lives has somehow passed. The reality...

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How farms across India are banking on native grains and hope to reap a good harvest -Sangeetha Devi Dundoo

-The Hindu Bolstered by the timely South-West monsoon and a steady demand for native produce, the farming community is looking forward to the sowing season We have had the wettest June in 12 years, according to the Indian Meteorological Department (IMD). Statistics released by the IMD show that India recorded 118% of the Long Period Average rainfall in June 2020, which is considered excess. These copious showers brought cheer to the farming community,...

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Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman -Somesh Jha & Subrata Panda

-Business Standard Govt likely to issue clarification to add more borrowers under ECLGS Finance Minister Nirmala Sitharaman on Monday held a review meeting with Private Banks and non-banking financial companies (NBFCs) to seek feedback to improve the Atmanirbhar Bharat Abhiyan economic package to deal with the impact of Covid-19. The private lenders asked the government to revisit some provisions in the Emergency Credit Line Guarantee Scheme (ECLGS), under which 100 per cent guarantee...

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Recent reports predict gloomy days ahead for the overall economy

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

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What will be available and what will be closed during the 21-day lockdown

-The Hindu Narendra Modi has announced a 21-day lockdown starting from midnight tonight as a major step in fighting the COVID-19 pandemic. During the “containment” period of 21 days from March 25, 2020, the following services Will remain open: * Shops, including ration shops, dealing with food, groceries, fruits and vegetables, dairy and milk booths, meat and fish, animal fodder. District authorities to encourage home delivery to minimise individual movement. * Banks, insurance offices and...

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