-The Hindu There are clear, implementable steps the Centre can take in fiscal terms to revive the economy and support livelihoods The Prime Minister has just announced Lockdown 4.0. Despite some resulting increase in economic activity, vast numbers of working people will remain without their regular incomes. He also announced a package of ₹20 lakh crore, but this includes already allocated money of ₹6-lakh crore and monetary policy directives to banks and...
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Central Government’s Push Behind Suspension of Labour Rights in States? -Ayaskant Das
-Newsclick.in It is noteworthy that rights of workers have been suspended despite Prime Minister Narendra Modi exhorting employers during the initial phase of the lockdown period not to cut down jobs. New Delhi: Over the past week, various states, including those ruled by the Bharatiya Janata Party (BJP) as well as those ruled by non-BJP political parties, are being held squarely responsible for drastic suspension of labour laws in the midst of...
More »Choking the Lifeline of Rural Economy: MGNREGS during COVID-19 Lockdown -Manish Kumar
-Vikalp.ind.in When the entire country is under a lockdown and many economic activities stopped, thousands of unemployed workers are returning to their home states due to lack of money and food. In such a situation, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) could have played a very important role in generating income and demand in the economy. However, the official data available from the MGNREGS website of the Ministry...
More »From aid to gain -Mahesh Rangarajan
-The Telegraph The Green Revolution revisited The Covid-19 crisis poses many challenges for India. One front that is almost taken for granted. Today, when the world faces the threat of a virus, India as of late April 2020 could declare a food grain reserve of 73.8 million tonnes. Anyone with doubts about gains should take a look at sub-Saharan Africa, many of whose nations are still reliant on food aid from the...
More »Job Losses Soar as Modi Govt Continues to Grope in the Dark -Subodh Varma
-Newsclick.in In April alone, over 12 crore jobs were estimated to have been lost, and unemployment is at over 27% in the beginning of May. After the loss of nearly 80 lakh jobs in March, most of them in the last week after the countrywide lockdown was suddenly announced by Prime Minister Narendra Modi on March 24, latest data collected by CMIE or Centre for Monitoring Indian Economy through their periodic sample...
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