-The Hindu This is an extreme underestimation, going by the other assessments made by Central and State governments, INCluding Finance Minister Nirmala Sitharaman’s estimate of 8 crore stranded migrants. The Chief Labour Commissioner’s (CLC) office has counted over 26 lakh migrant workers stranded across the country, of which 10% are in relief camps or shelter homes, while 43% are in situ at workplaces and 46% are in other clusters. This is an extreme...
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Centre's Economic Package Addresses Long Term Issues, Not Immediate Concerns of Farmers -Mayank Aggarwal
-TheWire.in Millions of agricultural labourers are currently under stress due to the ongoing lockdown which has led to a loss in INCome, loss of jobs for migrant labour and a disruption in the supply chain. Following the stress on the agricultural sector by the COVID-19 related lockdown, the central Government has announced medium to long term relief measures as part of an economic package. However, the package has fallen short on immediate...
More »Bombay High Court serves notices to Union government on PM-CARES fund -Pradip Kumar Maitra
-Hindustan Times The petitioner demanded that at least two members from the Opposition parties should be INCluded in the trust. The Nagpur bench of Bombay High Court on Tuesday issued notices to all trustees of PM-CARES Fund and the Union government asking them to submit details of the amount collected and utilisation of the funds. The court was hearing a petition filed by a Nagpur-based lawyer, Arvind Waghmare, who sought the government to...
More »Need new stimulus of Rs.10 lakh crore: Economists Collective
-The Hindu Economists urge cash transfers to 80% of households to revive economy. The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists...
More »Urban unemployment up, rural picture better -Basant Kumar Mohanty
-The Telegraph Seasonal sowing, MGNREGA boost prospects The grim employment scenario in urban India got aggravated while the rural sector showed some improvement in the last week of May, with researchers attributing the uptick in the villages to seasonal sowing activities and INCrease in work under the MGNREGA while calling the overall condition critical. Data released by private research group Centre for Monitoring Indian Economy (CMIE) show that the unemployment rate for the...
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