-TheWire.in Eighty per cent or more of the demand in the economy has vanished thanks to the lockdown he hastily announced, with no warning or preparation. The only way out is to pump money in to revive demand. In&NBSp; a discussion on NDTV about the contents of the third tranche of Prime Minister Narendra Modi’s stimulus package for the economy, Yogendra Yadav, one of India’s most respected psephologists, called it ‘entertainment’. Yadav...
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Once Derided by Modi, Boost to MGNREGS Shows it's One of Rural India's Few Safety Nets -Kabir Agarwal
-TheWire.in The increased allocation is welcome, but experts say the government should also work to solve pending liability issues and other techno-bureaucratic problems that hold back its effectiveness. New Delhi: On Sunday, while announcing the fifth and final tranche of the Centre’s COVID-19 economic relief package, finance minister Nirmala Sitharaman announced that the government will be allocating an additional Rs 40,000 crore under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). “It...
More »Most small farmers outside formal credit system. Sitharaman’s announcements won’t help them -Shoumitro Chatterjee and Mekhala Krishnamurthy
-ThePrint.in An RBI report says that despite numerous existing initiatives, at most 40 per cent of India’s small and marginal farmers are covered by formal credit. There is no doubt that agricultural credit is a critical element of both agricultural production and marketing across India. However, during a period of acute crisis, the government needs to bank on channels that are relatively robust and far-reaching. Unfortunately, especially when it comes to small...
More »Covid-19 lockdown adds to woes of climate-hit Indian fishers -Sharada Balasubramanian and Jency Samuel
-TheThirdPole.net Fisheries markets collapsed in the first days of the lockdown, impoverishing hundreds of thousands of small fishers, and recovery is nowhere in sight When Pradip Chatterjee, president of Dakshinbanga Matsyajibi Forum (South Bengal Fishers’ Forum – DMF), starts talking about the problems that plague small scale fishers in West Bengal, there is no stopping him. He finds a multitude of issues that confront them, from climate change to Covid-19. DMF is...
More »During Lockdown, 59% Workers Not Paid Wages in Maharashtra, 92% in Gujarat: Study -Amey Tirodkar
-Newsclick.in A rapid survey done by 4 independent organisation calls for universal PDS, direct cash transfer, among other things. Mumbai:&NBSp; A rapid survey done by four independent organisations on the condition of migrant workers in Gujarat and Maharashtra has suggested several measures that could be taken to ease the situation. The rapid survey, done by theCentre for Labour Research (CLRA), Habitat Forum (Inhaf), Mashal and sociology department of Savitribai Phule University, Pune was...
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