Loading...
 
Skip to main content

View Articles

RECESSION HAS DEEPENED IN INDIAN ECONOMY

MODI GOVT IS CLUELESS ON HOW TO DEAL WITH
Krishna Jha - 2020-05-14 13:03
We are moving towards zero percent growth as the credit rating agency Moody’s investors service has predicted for the financial year of 2021-2022. It said that the negative context prevailing in the country has its own effect on the GDP growth.

PM CARES FUND NEEDS PUBLIC SCRUTINY FOR TRANSPARENCY

CORPORATES, PSU'S ARE BEING FORCED TO DONATE IN CRORES
Arun Srivastava - 2020-05-14 10:27
Just a day after the Prime Minister, Narendra Modi announced a Rs 20 lakh crore special economic package, the question on utility and future role of PM Cares Fund surfaced in the public domain in a significant manner.

PM'S MASSIVE PACKAGE MAY NOT MEAN MUCH ON GROUND

BANKRUPT HOUSEHOLDS HAVE TO WAIT FOR A SELF-RELIANT INDIA
Gyan Pathak - 2020-05-14 10:19
India is opening up slowly, with a great sense of fear and insecurity, despair and uncertainty. The package worth Rs 20 lakh crore is empty. The things we needed most are not in the package. Even the real worth of the present package is only about Rs 13 lakh crore. To show its worth bigger we have simply added the worth of earlier packages which already had failed our people, our economy. Three phases of lockdown will end to make room for the fourth phase on May 18, 2020. The emerging New India looks different. Everybody is trying to grasp its essence, but no one will have it exactly as it is. Its fluid. Its undergoing a rapid change.

FRONTLINE WORKERS ARE CALLED HEROES IN USA

BUT THEY ARE STILL UNDERVALUED BY GOVT
Tim Libertti - 2020-05-14 09:59
On one level, the coronavirus pandemic holds out the potential to shift America’s dominant cultural mentality to finally rethink—indeed come to terms with—how our political, economic, and moral systems value the work on which our lives most depend.

COVID REVEALS THE EXISTENCE OF THE ‘OTHER INDIA’

IT REMAINS TO BE SEEN IF MODI STIMULUS CAN TOUCH THEM
K Raveendran - 2020-05-13 11:18
The Covid-19 pandemic has revealed the existence of the Other India, which has always been in existence, but remained invisible all along. The Other India comprises millions of migrant labour who do not belong to either the cities or the villages from where they had long been uprooted from. They don’t appear on the radars of politicians, policy planners and the bureaucracy, all of who are mostly obsessed with themselves and their classes of people.

U.S. TARGETS CUBA, VENEZUELA DURING PANDEMIC

COUP AGAINST MADURO FAILS BUT BID IS ON
W T Whitney Jr. - 2020-05-13 11:13
Secretary of State Pompeo loudly condemns Iranian border guards who abused Afghans crossing into Iran. He castigates China’s supposed failings with the COVID 19 pandemic. He and President Trump rail against dictatorship they see in Venezuela. They protest Cuba’s “slave doctors” – who actually “defend health care as a human right,” according to Cuba’s foreign minister. U.S. higher-ups are silent on other matters.

INTERNATIONAL NURSES DAY HAS NOW NEW SIGNIFICANCE

PANDEMIC HAS EXPOSED FAULTS IN OUR PUBLIC HEALTH SYSTEM
Susana Barria - 2020-05-13 11:09
May 12 is celebrated as International Nurses Day as it marks the birth of the founder of modern nursing Florence Nightingale and the formal recognition of nursing in public health and. In addition, the United Nations World Health Assembly resolved to celebrate nurses and midwives by declaring 2020 as the International Year of the Nurse and Midwife (IYNM). In the middle of the COVID-19 pandemic, this year more than ever, International Nurses Day should be celebrated, and nurses recognised not as “unsung heroes”, but as professionals who deserve the respect of all society and are worthy of decent wages and protection.

URBAN JOB LOSS MORE SEVERE THAN THAT IN RURAL INDIA

CONTINUED LOCKDOWN HAS PAUPERISED INDIA'S LABOUR
Satyaki Chakraborty - 2020-05-13 11:05
The extent of job losses in India is more pronounced in urban areas than in most rural areas of the country due to the impact of the lockdown since March 25 this year. The lockdown will continue after May 17 in its fourth phase with some withdrawal of curbs to facilitate the starting of some selected industries and the transport, but the damage to the job market which has already been done duet to more than fifty days of lockdown till date, will take a long period to heal. The Indian workers who were already suffering from the slowdown of the last two years in the economy has been pauperised to a considerable extent. they will remain much poorer for long.

SELF-RELIANCE COSTS A PRETTY PACKET

THERE'S THIS WHOLE ISSUE OF RESOURCES
Sushil Kutty - 2020-05-13 11:01
Okay Modi’s cabinet will give its approval. It cannot be disapproval. Modi’s word is final. Ask Nirmala Sitharaman, Union Finance Minister, she who cannot talk/tweet without hashtags @narendramodi and @PMOnarendramodi. It’s about a $265 billion economic stimulus package to rescue Covid-19 hit India. In Modi’s language, Bees Lakh Crore Rupayeh! The belief is the economic stimulus will extricate India out of the Covid-19 quagmire. And Modi outed it after a preamble that went on and on till it was beginning to irritate. If Shashi Tharoor’s English befuddles, Modi’s Hindi confounds.

THE EMPTY PACKAGE

Vijay Sanghvi - 2020-05-13 10:40
The Prime Minister Narendra Modi suddenly addressed the nation on the night of May 12, almost a week before the end of the third stretch of the Lock down in combat with the pandemic corona virus. Instead of apprising the listeners of progress in the combat, he talked of self reliance, a hall mark of the Indian civilization and its imperative need now. He ended his address with a promise of Rs. two million crore package without specific details. Instead of jubilation, it generated disbelief. One comment that went viral on social media pointed out that he had put a cap on Rs. fifteen lakh earlier and now he wrapped pajama around Indians but without tier in their hands.