The World Bank and the CMIE estimates were published in late April and early May respectively. Since then the situation in India has only become grimmer, with harrowing images of people making desperate attempts to reach their villages, on crowded buses, the flatbeds of trucks and even on foot or on bicycles dominating media coverage.
At least 49 million people across the world are expected to plunge into “extreme poverty” — those living on less than $1.90 per day — as a direct result of the pandemic’s economic destruction and India leads that projection, with the World Bank estimating some 12 million of its citizens will be pushed to the […]
A Bloomberg report quoting Ashwajit Singh, managing director of IPE Global, suggests that the percentage of poverty-stricken people in the country could rise from 60 per cent to 68 per cent.
The dual supply and demand shocks from the Covid-19 pandemic are expected to cause a global recession. In the last several weeks, global supply chains have been disrupted as workers are locked down, factories shut, and closed borders and terminals block supplies and cargo. Aggregate demand has collapsed.
The project is being run in all the 13 development blocks under the contract between USAID, IPE global and National Health Mission.
“CM’s announcement that private offices can open with full strength is a feel-good factor for the city that is seeing a surge of Covid-19 cases daily. However, one cannot ignore the recent statements from medical experts that the peak season in Delhi is likely to come in June-July. So, at this point in time, I […]
“The government needs to infuse liquidity in the system. As a starting point, the government, which is the biggest purchaser of goods and services, should pay off its liabilities to the private sector. Bulk of this money would find its way back into the banks as repayment of loans”
There is no confirmation on the number days that could indicate the standard of quarantine. We really need to focus on the Health sector. We need to have a sort of central collaboration whereby we can check upon the standard practices and learn from the experiences from the other countries.
Centre for Monitoring Indian Economy (CMIE) estimates that over 122 million people in India lost their jobs in April alone and around 75% of them were small traders (MSME) and daily wage-labourers. Historically, weak labour laws preclude transparency and accountability towards workers in the informal sector causing under-reporting of employment figures.
Centre for Monitoring Indian Economy (CMIE) estimates that over 122 million people in India lost their jobs in April alone and around 75% of them were small traders (MSME) and daily wage-labourers. Historically, weak labour laws preclude transparency and accountability towards workers in the informal sector causing under-reporting of employment figures.
Maharashtra compares well with the national average on mortality, it is 10 percentage points below the national recovery rate of 28% and has 9% positive cases out of all tested against 4% national average.
After the deadly 1918 influenza pandemic (Spanish flu), Covid-19 is perhaps the most widely spread pandemic. The pandemic is impacting healthcare systems, economies and the most vulnerable education sector the most. In India, March to June every year is considered to be the months of Exams. This includes School Terminal Exams, School Board Exams, College/University […]
