-The Hindu Will be set up by PMO or Cabinet Secretariat, says Finance Ministry. Four days after Prime Minister Narendra Modi announced that a task force would be set up to deal with the economic impact of coronavirus (COVID-19), it has yet to be constituted. Although Mr. Modi said the task force was to be headed by Finance Minister Nirmala Sitharaman, the Ministry says it is not responsible for constituting the body. In...
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Give basic income of Rs 4,260 to all individuals in informal sector for 6 months: INBI -Tina Edwin
-The Hindu Business Line INBI has said that emergency basic income should be completely unconditional Close on the heels of the United States (US) and the United Kingdom (UK) announcing measures to protect incomes of vulnerable households through cash transfers and other fiscal measures, the Indian Network for Basic Income (INBI), an advocacy group working in the area of basic income transfers, has asked the Central Government to consider an emergency basic...
More »UP daily wage labourers, construction workers to be paid during Covid-19 lockdown: Yogi Adityanath
-Hindustan Times Coronavirus in India: Adityanath had formed a high-level committee under the state Finance minister Suresh Khanna, comprising agriculture and labour ministers, to decide the nature of the assistance to the labourers. Uttar Pradesh chief minister Yogi Adityanath said on Saturday lakhs of daily wage labourers and construction workers will be given Rs 1000 as the state remained under lockdown to contain the spread of coronavirus outbreak. The state government had announced...
More »Working People's Charter placed before Nirmala Sitharaman, head of COVID-19 Economic Response Task Force, to provide tangible relief to working classes & unorganised workers
-Working Peoples’ Charter Secretariat, dated 21st March, 2020 An open letter has been issued by civil society and trade union activists to the Finance Minister Ms. Nirmala Sitharaman, who is also heading the COVID-19 Economic Response Task Force. In that letter, a charter of demands has been put before the government to provide immediate relief to the working classes and the informal sector workers in the wake of COVID-19 outbreak in...
More »Economy infected: Task force has a prescription, concerns mount over delay -P Vaidyanathan Iyer
-The Indian Express Over the last one month, the government pulled out all stops to contain the spread of the Covid-19. During this period, economic ministries including Commerce and Industry, Heavy Industries, Road Transport, Civil Aviation, Pharmaceuticals and Consumer Affairs met and heard stakeholders. With Covid-19 wreaking havoc in Indian financial markets and global research and rating firms marking down GDP growth estimates by up to 100 basis points, Prime Minister Narendra...
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