-IndiaSpend.com New Delhi: With the launch of the Rajiv Gandhi Kisan Nyay Yojana (RGKNY) on May 21, 2020, Chhattisgarh became the sixth Indian state in two years to initiate a direct cash transfer scheme for farmers. The scheme aims to supplement the income of the state’s 1.9 million farmers by Rs 10,000-Rs 13,000 per acre of land owned. Cash transfers for COVID-19 relief and stimulus are also gaining salience, with the Centre...
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Lockdown further impoverishes those who were living on the edges of existence even during normal times, finds a new report
A recent survey that was conducted through telephonic interviews among 1,405 respondents across the states of Delhi-NCR, Uttar Pradesh, Bihar, Haryana, Himachal Pradesh, Assam, Rajasthan and Jharkhand reveals the precarious conditions of workers nearly 45 days after the announcement of COVID-19 lockdown. The report entitled Labouring Lives: Hunger, Precarity and Despair amid Lockdown tries to understand the extent (and depth) of job loss and hunger 45 days after the lockdown. Hunger and...
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 »Hunger Grows as India’s Lockdown Kills Jobs: Results of a Survey from 12 States -Rahul Lahoti, Amit Basole, Rosa Abraham, Surbhi Kesar and Paaritosh Nath
-TheIndiaForum.in The lockdown has devastated livelihoods at unprecedented levels, causing widespread job losses and hunger. The measures so far will not solve the crisis. India should universalise the PDS, expand Cash transfers, and create a national job guarantee scheme. The Covid-19 global pandemic and its associated containment measures have taken a heavy toll on economies and societies worldwide. In India, the national lockdown, imposed on 24 March and subsequently extended three times...
More »A plan to revive a broken economy -Harsh Mander, Jayati Ghosh and Prabhat Patnaik
-The Hindu There are clear, implementable steps the Centre can take in fiscal terms to revive the economy and support livelihoods The Prime Minister has just announced Lockdown 4.0. Despite some resulting increase in economic activity, vast numbers of working people will remain without their regular incomes. He also announced a package of ₹20 lakh crore, but this includes already allocated money of ₹6-lakh crore and monetary policy directives to banks and...
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