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Can't Dilute Lockdown, Centre Tells States, Calls Out Kerala -Neeta Sharma & Sunil Prabhu

-NDTV In a separate letter to Kerala, the home ministry has strongly objected to its move to restart restaurants, book shops and barber shops in parts of the state from today. New Delhi: The government has made it clear that states and union territories cannot "dilute" its guidelines on the nationwide lockdown to control the spread of coronavirus and said states cannot allow their own activities during this period; they can be...

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Why Relief Packages for India's Poorest Need Targeted Intervention -Anamitra Roychowdhury and Nivedita Sarkar

-TheWire.in Social policies almost always have multiple, often unintended, consequences. This feature came out sharply, when Prime Minister Narendra Modi declared a nationwide lockdown to arrest the spread of the novel coronavirus without announcing an immediate or near-simultaneous relief package for India’s poorest. As the fight against COVID-19 unavoidably puts the livelihoods of millions at risk, an ugly truth of Indian society has come out in the open – namely, a large...

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Finance Minister stipulates time frame for banks to disburse loans; move comes as lenders turning risk averse -Manojit Saha

-The Hindu In a communication to State-run banks, the government said the move is aimed at ensuring credit flow for economic activities and the guidelines come into effect from Monday when the business activities resume. Mumbai: As business activities resumed on Monday after a nationwide lockdown, the Finance Ministry has swung into action to ensure credit flow to companies and prescribed a specific time frame for banks within which a loan needs...

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Recent reports predict gloomy days ahead for the overall economy

Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...

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Statesmanship requires taking people along; when basic security is denied, hope dies -Nikhil Dey & Aruna Roy

-The Indian Express Prime Minister demanded discipline and sacrifice from the people, while offering no measures to alleviate distress of those who have lost their dignity and livelihoods. Millions of migrant workers, and other vulnerable groups, have lost their livelihoods, income security, and sense of dignity in three short weeks. They knew that they were vulnerable to the virus, but for them, the cure of an extended lockdown is already worse than...

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