-Livemint.com A Mint analysis suggests that the CMIE figures should not be considered a proxy for the official unemployment and labour force participation rates As the country went under lockdown, and everything, including the collection of statistics, came to a halt, analysts and economists were left scrambling for data to seize up just how badly the economy was doing. One dataset that has come to the rescue is the nationally representative employment-unemployment...
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High rates, low demand: Stressed MSMEs can’t tap into Govt relief -Sunny Verma
-The Indian Express Viable companies, with good credit history, are able to raise funds, but the most needy among the MSMEs are facing a double whammy: slump in demand and lack of finance. Banks have started disbursing funds to Micro, Small and Medium Enterprises under the 100% Emergency Credit Line Guarantee Scheme announced by Finance Minister Nirmala Sitharaman last month but for many firms, hit hard by the pandemic lockdown, credit is...
More »Fewer hospital-born babies in Madhya Pradesh as women fear virus -Sidharth Yadav
-The Hindu In Madhya Pradesh, COVID-19 health priorities lead to 18.6% drop in institutional deliveries in April. Bhopal: Madhya Pradesh recorded a fall of 18.6% in institutional deliveries in April, the first month of the COVID-19 lockdown, casting a shadow on an improving trend, National Health Mission (NHM) data show. Private and government-run health centres recorded 97,881 births in April 2019, around 18.1% more than the previous year. However, the count dipped to...
More »139 million people across Indian cities likely to run out of savings by month-end -Ganesh Rao, Praveen Ravi and Vishnu Padmanabhan
-Livemint.com 30% of India’s urban population may deplete their lifetime savings by the end of June and would find it difficult to meet essential consumption In the best of times, India’s poor lead a fragile existence but in the worst of times their situation becomes extremely precarious. The lockdown of the country over the past few months has discomfited everyone but it has hit the urban poor the hardest. Measuring vulnerability accurately is...
More »Senior AIIMS doctor slams Modi govt’s response to COVID-19 in medical journal
-National Herald Dr Anoop Saraya, Head of Gastroenterology and Human Nutrition Unit at AIIMS, said success of any advisory group of scientists depended on a culture of openness, independence and diversity of opinion Slamming the Narendra Modi government for ‘mishandling’ the response to COVID-19, asenior AIIMS doctors, has written in a letter to the editor of Indian Journal of Medical Sciences that there were confusing signals on how to deal with the...
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