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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...

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Blunting the Economic Impact of the Second Wave of COVID-19 With a 3, 6, 9-Month Plan -Deepanshu Mohan

-TheWire.in A three to six-month fiscal plan has to be chalked out to make vaccines and drugs available to people of all ages across the states by bringing in the private sector. An income support scheme has to be rolled out for nine months at least. India reported a new high of 2 lakh fresh coronavirus positive cases for the first time last week, and the last few days continue to see...

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Thousands of Migrant Workers Head Home Despite Delhi CM Kejriwal's Assurance 'Main Hoon Na'

-PTI/ News18.com The police were also in talks with civil administration officials to either arrange transport for them or shelter homes for their temporary stay, the officer said. Thousands of migrant workers gathered at Anand Vihar ISBT here to catch a bus home, hours after Chief Minister Arvind Kejriwal announced a week-long lockdown and appealed to them with folded hands not to leave Delhi while sounding a word of assurance — "Main...

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Future of migrant kids uncertain amid spike -Manoj Sharma

-Hindustan Times There has been LIMited assessment of the pandemic’s wider effects on the children of migrants. On Tuesday, the Supreme Court, in response to a petition filed by NGO Child Rights Trust, asked for data from all states and Union Territories on children of migrant workers. Nitin Kumar’s eyes were full of despair as he waited along with his parents for a bus to Hardoi at Anand Vihar bus station on...

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Manmohan Singh writes to PM Modi, gives 5 suggestions to tackle Covid-19 crisis

-The Indian Express As India reels under the second wave of coronavirus, Manmohan Singh said people are now beginning to wonder when their lives will get back to normal and argued “there are many things we must do to fight the epidemic but a big part of this effort must be ramping up the vaccination programme.” Former prime minister Manmohan Singh on Sunday wrote to Prime Minister Narendra Modi asking him to...

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