ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...
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Govt blames Covid, but payment stalled year ago -Aanchal Magazine
-The Indian Express The economic slowdown, which has Been underway for almost three years now, began to adversely impact GST revenue collections in August last year. While the Centre Thursday chose to pin much of the blame for the delays on GST compensation payments to the slowdown inflicted by the pandemic, the delays preceded the Covid-19 shock by almost a year – when payments due for August-September 2019 got delayed. Since then,...
More »World Bank pauses publication of Doing Business report
-The Hindu/PTI It says irregularities have Been reported regarding changes to the data in the Doing Business 2018 and Doing Business 2020 reports. The World Bank on Thursday said it has decided to pause the publication of its Doing Business report following a number of irregularities regarding changes to data in previous reports. “A number of irregularities have Been reported regarding changes to the data in the Doing Business 2018 and Doing Business...
More »Government compromises on Pre-Legislative Consultation Policy (2014) and RTI Act to push forward mining reforms, allege civil society activists
--Press release by Mineral Inheritors Rights Association (MIRA) dated 27th August, 2020 The Ministry of Mines has put up a notice on 24th August, 2020 seeking public comments on substantial matters of reform of mineral laws, rules and regulations within a period of 10 days, i.e. 3rd September, 2020. The state governments have not yet Been consulted and a 10-day period for the states to respond undermines the federal spirit of...
More »Consumption shock severe, economic recovery will take longer, poorest hit the hardest: RBI -George Mathew
-The Indian Express “Private consumption has lost its discretionary elements across the board, particularly transport services, hospitality, recreation and cultural activities,” the RBI said in its Annual Report for 2019-20. The Reserve Bank of India (RBI) Tuesday indicated that the economy which is expected to contract for the first time ever, will take “quite some time to mend and regain” the pre-Covid momentum, as the “shock to consumption is severe” and the...
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