-The Hindu Business Line Every three in four cases that are infected with novel coronavirus (COVID-19) in India belong to active working population between the age group of 21 to 60 years as on date. Ministry of Health and Family Welfare has said that of these 75 per cent of the confirmed cases, the maximum cases up to 42 percent are between 21 to 40 years of age, while 33 percent are...
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Perils of lockdown and informal sector workers: Reflections in the time of Covid-19 -Amrita Ghatak & Kingshuk Sarkar
-Vikalp.ind.in The unprecedented fear of Covid-19 leading to ‘social distancing’ through lockdown in the entire India has yet again unfolded the plight of informal sector workers even in the midst of a universal public health crisis worldwide. The lockdown, for a huge number of informal sector workers is associated with the loss of livelihood; but for others engaged in low-valued essential works such as home delivery, scavenging and cleaning the society,...
More »The Covid-19 Pandemic and Indian Agriculture: A Note -R Ramakumar
-Foundation for Agrarian Studies blog The world is sliding rapidly towards a recession. The Covid-19 pandemic will shut down large parts of the world economy for at least a few months more. IMF managing director Kristalina Georgieva stated on March 23, 2020 that the outlook for global growth in 2020 was “negative.” Recovery, if any, is expected only in 2021. According to the International Labour Organisation (ILO), the rise in unemployment...
More »Size of the population susceptible to coronavirus infection is significant
Between 25th and 30th of March, 2020, the total number of confirmed COVID-19 cases in India has more than doubled i.e. from 519 to 1,251, according to the data released by the Ministry of Health and Family Welfare (MoHFW). In a span of 6 days, the total number of deaths from COVID-19 has more than trebled i.e. from 9 to 32. In a health situation like this, when the coronavirus...
More »Borrowers to be charged interest for 3-month moratorium period: RBI
-The Hindu RBI told banks that they could shift the repayment schedule for loans and the residual tenor across the board by three months after the moratorium period. Banks which give borrowers a three-month moratorium on repayment of loans will continue to charge interest on the outstanding portion of the loans during this window period, the Reserve Bank of India clarified on Friday evening. The 3-month moratorium on repayment of loans - including...
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