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COVID pushed men into informal labour, women out of workforce: study -Priscilla Jebaraj

-The Hindu Remigration of young, trained workers Bihar, Jharkhand workers at minimal levels A survey of young, semi-skilled migrants from rural Bihar and Jharkhand in April 2021 has found that last year’s lockdown led to an informalisation of labour among men, while most of the women simply dropped out of the work force altogether. It also found that the number of out-of-State migrants halved between March 2020 and 2021, with no net effect...

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Indian family budgets are stretched, they’re borrowing more. Faster vaccination can fix this -Ila Patnaik and Radhika Pandey

-ThePrint.in RBI data shows a sharp increase in households borrowing against gold. Other indicators also show higher borrowing. More credit is fine, but vaccination needs priority. The second wave of the Covid-19 pandemic and the ensuing lockdown has hit household incomes sharply. Households have survived to a large extent by borrowing. The Reserve Bank of India (RBI) data shows a sharp increase in households borrowing against gold. In addition to borrowing from the...

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How Second Wave Is Decimating Rural Economy -Rohit Inani

-IndiaSpend.com The government has said that the economic impact from the second Covid-19 wave will be less than that of the first. But economists point to signs of a growing rural economic crisis, and call for urgent relief measures to ward off long-term damage. Siolim, Goa: Ramesh Ram, 31, is listed as a textile industry staff worker in the administration's database of migrant workers in south west Bihar's Kaimur district. But for...

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Overcoming the pandemic’s challenge requires an economic policy reset -Roshan Kishore

-Hindustan Times A long-term look at this government’s economic policies suggests that for it to even consider a response the demand demand for a strong and equitable fiscal stimulus will require a reset of the existing economic policy framework There is now widespread consensus that the second wave of Covid-19 will worsen India’s demand side problem. Even though there is no official data to prove this, most experts and private estimates suggest...

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Lessons from COVID-19: Need better demand estimation factors to provide housing for all -Rajneesh Sareen and Mitashi Singh

-Down to Earth Physical distancing as well as home quarantining have changed the housing standardisation game; an overhaul is needed India witnessed a mass exodus of migrant workers in April 2020: Nearly 40 million migrant workers were affected by the lockdown imposed to curb the spread of the novel coronavirus disease (COVID-19), according to the World Bank. Some estimates pegged the figure at 120-140 million. In April 2021, the country had a deja-vu:...

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