The government of India must announce some help urgently
Farming operations are exempted from the lockdown restrictions
Here are the top business headlines this Monday
According to the SBI Ecowrap report, the extension of the lockdown would result in economic loss of Rs 21.1 trillion or 6 per cent of the nominal GVA
The services such as aviation, hotels, malls, etc. would have to wait for a much longer time
In the last few days, the restlessness of the migrant workers has spilled into the streets in major cities, including Mumbai, New Delhi, and Surat.
State governments, particularly those like Delhi that witnessed an exodus of migrant workers after the lockdown was announced
In India, with a share of almost 90% of people working in the informal economy, about 400 million workers in the informal economy are at risk of falling deeper into poverty during the crisis
India Migration Now founder Varun Aggarwal says the frantic reverse migration at present is not because of harvesting needs (still a month away) but because of the income shock
Working as a daily wage earner since he was only 14, Dipu was out of work but had planned to stay back at his shanty in Sarai Kale Khan until receiving the terrible news
Dreze was part of academicians and activists who recently wrote to the Centre about the situation of the migrant workers
The 21-day lockdown has triggered a mass exodus of migrant workers
Package announced includes both food security and cash transfer components
The payment to the remaining beneficiaries would be made as and when their details are collated
Noting that the government was bringing reforms in labour laws, the minister said as part of that, it was clubbing 44 labour laws into four codes
The green panel said daily-wage workers who depend on construction sites to make a living are worst sufferers of the ban on construction activities as they have been rendered jobless
While the transition from agriculture to other sectors is taking place, manufacturing is not providing the necessary buffer before the workforce shifts to the services sector
A fall in demand for automobiles of all kinds is leading to job losses and fears of more losses in the near future are mounting