-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...
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Out of nearly 2,000 people, 65% had no job in April and May, shows CPI(M) Survey
-The Hindu CPI (M) report on imapct of 2nd wave across NCR The Delhi unit of CPI(M) on Friday released a report on the impact of the second COVID wave in Delhi-NCR. The Survey showed that despite the additional ration entitlement announced by the government, 27% of the households got less than 5 kg ration per person in May this year. The Survey also said out of 1,917 respondents across the Capital and...
More »Centre urges curbs in 46 high positivity districts
-The Hindu Advisory comes as new cases cross 40,000 mark again With the daily tally of new coronavirus cases touching a 24-day high at 41,649 cases on Saturday, Health Secretary Rajesh Bhushan has written to several States that all districts reporting a positivity rate of more than 10% in the last few weeks, ought to consider strict restrictions. According to a statement from the Health Ministry the curbs must aim to “prevent/curtail...
More »Jobs Lost, Dip in Income: Survey of Delhi Workers During Second Wave Paints Grim Picture
-Newsclick.in Conducted by the Delhi unit of the CPI(M) in the first two weeks of June this year, the Survey reinforced the demand for schemes involving cash transfer and guaranteed employment in the national capital. A Survey of the working masses in Delhi, conducted in the aftermath of the second COVID-19 wave earlier this year, has painted a stark picture of its impact on resident’s livelihoods, thereby reinforcing the demand for schemes...
More »How the pandemic and lockdown disrupted labour markets -Abhishek Jha and Roshan Kishore
-Hindustan Times PLFS report shows urban unemployment grew; there was an unprecedented shift from urban to rural jobs; wages fell and underemployment increased The 2019-20 Periodic Labour Force Survey (PLFS), which was released last week by the National Statistical Office (NSO) shows a fall in unemployment rate from 5.8% in 2018-19 to 4.8% 2019-20. Since PLFS follows a July-June rather than the fiscal year (April-March) period, the 2019-20 report includes the 68-day...
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