-The Indian Express The pandemic revealed the precarious state of India’s informal sector. Localised production, trade and markets offer a better alternative to existing paradigm of development. Another wave of COVID, another round of lockdowns, another long journey back home for migrant workers. If there is one lesson we are learning after a year of COVID-19, it is that we have not learnt any lessons, at least not the crucial ones. 2020 exposed...
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Collections at small finance banks feel the heat of covid -Gopika Gopakumar
-Livemint.com Localized lockdowns and rising covid cases among collection agents hamper loan recoveries Small finance banks are beginning to feel the heat of localized lockdowns and the advancing pandemic wave, as the virus spreads to India’s small towns and hinterland. However, they are better prepared this time, after last year’s severe setback. “The disease is spreading much faster, especially in smaller towns. Rural customers are, however, less impacted. There have been some delays...
More »“Is there no humanity left”: Delhi HC castigates Centre for its handling of oxygen crisis
-TheLeaflet.in THE Delhi High Court Wednesday castigated the Central Government over its handling of the oxygen crisis in the city and across the country, caused by the Second wave of Covid19. “It is the Centre’s responsibility to ensure supply of oxygen to hospitals running short of it. Protect fundamental rights of citizens by ensuring the supply of oxygen by whatever means”, said a bench of Justices Vipin Sanghi and Rekha Palli. “There is...
More »India’s decision to liberalise vaccine sales likely to push up prices – and block access to millions -R Ramakumar
-Scroll.in Besides, by making states responsible for buying vaccines, Modi’s government has deftly deflected possible criticism for future shortages. Over the past few weeks, the Second wave of Covid-19 infections and the acute shortage of vaccines had led to considerable public anger against the government. Despite being fully aware of a potential vaccine shortage, the Union government had held back permissions for new vaccines, such as the Sputnik V, to be used in...
More »India on the brink of unprecedented unemployment crisis: CMIE report -Gyan Pathak
-TheLeaflet.in Analysing a recent report on unemployment in India by the Centre for Monitoring Indian Economy, GYAN PATHAK warns about the looming unprecedented unemployment crisis. —– THE real extent of the economic damage from last year is now in the open. The biggest loss of employment in 2020-21 was suffered by salaried employees as opposed to the popular belief that they were the safest in terms of security of employment and earning during...
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