-The Indian Express Jean Dreze writes: Releasing food is all the more crucial as the emergency cash transfers proposed by the finance minister are likely to have severe limitations. How would you feel if a family were to let its weakest members starve, even as the house’s granary is full to the brim? That is what is happening in India today. Everyone knows that the country has large food stocks, and that some...
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Most MSMEs skip March salary: AIMO
-The Hindu Survey cites logistics issues and absence of orders, among others, as reasons Chennai: About 71% of the MSME establishments were unable to pay either partially or fully the wages due for March 2020 either due to logistics issue or absence of orders, among other issues, according to All India Manufacturers Organisation (AIMO). AIMO, which is an apex trade body focused on the Interests of the MSME sector, surveyed over 5,000 traders/MSMEs...
More »PIL in Supreme Court seeks full wages for MGNREGA workers for coronavirus lockdown period
-The Hindu/PTI The Public Interest Litigation (PIL) was filed by activists Aruna Roy and Nikhil Dey of the Mazdoor Kisan Shakti Sangathan. A fresh PIL has been filed in the Supreme Court seeking a direction to the Centre and authorities to pay full wages to MGNREGA workers for the entire period of the nationwide lockdown. The 21-day lockdown from March 25 was announced by the government to prevent the spread of the...
More »The Centre Is Back to Using the Bogey of 'Fake News' to Try and Suppress Press Freedom -Devika Tulsiani and Soutik Banerjee
-TheWire.in There are no credible reports suggesting that migrant workers decided to walk home based on fake news. In a recent public Interest litigation (Alakh Alok Srivastava vs Union of India), the Centre sought a direction from the Supreme Court that “no electronic / print media / web portal or social media shall print / publish or telecast anything without first ascertaining the true factual position from the separate mechanism provided by...
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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