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How Second Wave Is Decimating Rural Economy -Rohit Inani

-IndiaSpend.com The government has said that the economic impact from the second Covid-19 wave will be less than that of the first. But economists point to signs of a growing rural economic crisis, and call for urgent relief measures to ward off long-term damage. Siolim, Goa: Ramesh Ram, 31, is listed as a textile industry staff worker in the administration's database of migrant workers in south west Bihar's Kaimur district. But for...

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India learns a bitter lesson for disregarding crucial warnings and recommendations on Covid-19

In the month of April this year, there has been an unprecedented upsurge in daily new cases and daily new deaths in the country due to Covid-19. States, which reported large increases in daily new cases and daily new deaths, are Maharashtra, Kerala, Karnataka, Delhi and Uttar Pradesh, to name but a few.   Data accessed from https://www.covid19india.org/, which is a crowdsourced platform and an independent aggregator of daily Covid-19 figures and...

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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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Plough to plate, hand held by the Indian state -Mihir Shah

-The Hindu The distinct characteristics of India’s agriculture require that a reformed state must ensure farmer, consumer welfare For at least four decades now, economic policy making globally has dogmatically adhered to the notion that a progressively reduced role of the state would automatically deliver greater economic growth and welfare to the people. Since reform, by definition, is taken to mean only one thing, sector after sector is compulsively sought to be...

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Industry hit in Kerala as workers from West Bengal, Assam leave for voting -MP Praveen

-The Hindu Labourers from West Bengal, Assam have gone home to exercise their franchise Kochi: Kabir Ahmad (name changed), a migrant worker in Perumbavoor, had to spend a small fortune on a flight ticket to return home to Hojai district of Assam last month following his parents’ anguished plea to get back in time for voting. Their desperation was borne out of the perceived danger posed to the community by the National...

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