Modi govt’s poor handing of 2nd covid wave leaves another 7 million Indians jobless

News Network
May 3, 2021

India’s unemployment rate rose to a four-month high of nearly 8% in April, and the outlook remains weak thanks to the poor handling of the second wave of covid-19 by the Prime Minister Narendra Modi led government coupled with state administrations extending lockdowns to curb a record surge in virus cases.

Unemployment increased to 7.97% from 6.5% in March, with more than seven million jobs lost last month, according to data from the Centre for Monitoring Indian Economy Pvt., a private research firm.

“There is a fall in the jobs available. This could be due to the lockdowns,” CMIE Managing Director Mahesh Vyas said by telephone. “Since the virus is still quite intense and we are stressed on the medical health-services front, it’s likely that the situation will remain tense in May as well.”

Daily Covid-19 deaths in India hit a record 3,689 Sunday. The number of new cases slowed slightly Monday after India on Saturday became the first country to register more than 400,000 daily cases.

PM  Modi, who announced a strict lockdown in March 2020 that resulted in millions of lost jobs and a record contraction in economic output, now is urging states to use such measures only as a last resort. Local administrations have been forced to extend curbs as the nation’s creaky health infrastructure can’t cope with the flood of virus cases, jeopardizing a nascent economic recovery.

The weak employment outlook is a risk for India’s chances of reaching double-digit economic growth this year. Many economists already have lowered their projections, while several are warning of possible reductions if provincial curbs are extended further.

Barclays Bank Plc on Monday lowered its forecast by one percentage point to 10%, as “there is growing uncertainty around the number of cases and fatalities,” economist Rahul Bajoria wrote in a research note. “Slowing vaccinations are also hurting India’s recovery prospects.”

Double Whammy

The rise in unemployment comes amid a backlash against government handling of the world’s worst Covid-19 outbreak. Modi’s party lost an election in a key state, while foreign envoys are joining Indians on social media clamouring for help with few medical supplies available.

A separate survey Monday by IHS Markit showed the manufacturing sector was still losing jobs in April, though the rate of contraction was the weakest in the current 13-month sequence of job shedding. The CMIE data -- which economists track closely in the absence of real-time employment data from the government -- show joblessness is more acute in urban areas as labourers return to their villages.

The labour-force participation rate, which includes the number of people with jobs and those seeking work, declined to just below 40% in April.

“It’s a double whammy for the economy,” Vyas said. “Some people get disappointed and leave the labour market. The problem is the inability of the Indian economy to generate sufficient jobs for people who want them, so incomes are falling.”

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 24,2024

columbia.jpg

Pro-Gaza US protesters in New York's Columbia University say they will stay put despite the university's harassment and police crackdown.

The protesters said they refuse to concede to "cowardly threats and blatant intimidation" by university administration, asserting that they will continue to peacefully protest.

Columbia University threatened the students with the national guard after refusing to bargain in good faith.

The university announced a midnight deadline for talks regarding the removal of pro-Palestine encampments on the varsity campus, warning that their campsite will be forcefully cleared by police if no agreement is reached.

The university campus is being used as a campsite for hundreds of pro-Palestine protesters and other activists, who have gathered and set up numerous tents.

Pro-Palestinian protests at colleges have demanded that their universities divest from corporations doing business with Israel or profiting off the war in Gaza. At Columbia, protesters have also asked the university to end a dual-degree program with Tel Aviv University.

The deadline was announced by Columbia University President Minouche Shafik late Tuesday, as authorities across major American universities have launched their repression campaigns against the pro-Palestinian protests on campuses, amid rising anger over US's support for Israel. 

Shafik has issued a midnight deadline to protesters and organizers, warning that failure to comply will result in the forcible clearance of the camp by the New York Police Department (NYPD).

The university has engaged in discussions with student leaders behind the protests, which are part of a series of protests taking place at various colleges nationwide and resulting in multiple arrests.

The purpose of these talks is to address the encampment on the west lawn of Columbia's Morningside Heights campus.

American universities are grappling with the challenge of maintaining a delicate balance between the right to protest and freedom of speech, while also ensuring campus rules and safety, as tensions surrounding the ongoing war in Gaza continue to permeate across campuses.

Meanwhile, Shafik underscored the importance of free speech and the right to demonstrate, but highlighted significant safety issues, disruptions to campus activities, and a strained environment due to the encampment. She firmly stated that any form of intimidation, harassment, or discrimination would not be accepted.

The arrest of more than 100 protesters at Columbia University last week led to more campus demonstrations, at New York University, Yale, and the University of California, Berkeley.

Palestinian university professor Sami al-Arian said what is happening across US university campuses is unprecedented.

Al-Arian said, "I lived four decades in the US, 28 years of which were in academic settings. During my time, it was a very challenging struggle to present an anti-Zionist narrative."

"But the passion, courage, humanity, creativity, and determination displayed these days by students across US campuses make me proud. The Zionist grip on US society is weakening and waning."

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 26,2024

Palakkad: Three voters from Palakkad, Malappuram and Alappuzha, and a polling agent in Kozhikode died in seperate incidents in Kerala on Friday.

A man collapsed and died after casting his vote at Vani Vilasini in Chunangad, Ottapalam here on Friday. The deceased Chandran (68) hailed from Modernkattil  in Chunangad. Though rushed to the Ottapalam taluk hopsital, he was declared dead on arrival. Palakkad had recorded a high temperature of 40 degree Celsius on Thursday.

A Madrassa teacher, who came home after voting, collapsed and died. The deceased Alikkannakkal Tharakkal Siddhique (63) was the first voter at the polling station in Vallikkanjiram School at Niramaruthur Grama Panchayat in Tirur.

Kakkazham Veiliparambu Somarajan (82), who voted and returned home from the Kakkazham SN VT High School in Alappuzha also collapsed and died. He was a voter from booth 138.

In another instance, a polling agent died after collapsing at a booth in Kuttichira, Kozhikode on Friday. Maliyekkal Anees (66), a retired KSEB engineer from Haluwa Bazaar, was LDF's polling agent at the 16th booth in Kuttichira Government Vocational Higher Secondary School. He collapsed while doing his duty in the polling booth by 8.30 am. Though rushed to the Government General Hospital, he died by 9.15am. He is survived by wife Adakkani Veettil Zereena, childrens  Fayis Ahammed, Fadhil Ahammed, Akhil Ahammed and Bilal Ahammed.

A man also died in bike accident en route to polling booth in Malappuram on Friday. The deceased is Saidu Haji (75) of Neduvan. The bike rammed a lorry near BM School in Parappanangadi.

Polling began at 7am in all 20 Lok Sabha constituencies in Kerala on Friday. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 30,2024

momdaughter.jpg

Bengaluru, Apr 30: In a horrific incident, a quarrel between a 60-year-old woman and her 19-year-old daughter ended in the murder of the latter, after they both stabbed each other. The incident took place in Shastri Nagar in Banashankari police station limits in Bengaluru, on Monday evening.

The deceased has been identified as Sahitya, who had completed PUC this year. Her mother, who has sustained stab injuries, has been hospitalised. Police said the incident occurred around 7.30 pm, when a fight broke out between the mother and daughter at their house.

They both allegedly picked up knives and started stabbing each other. While the mother stabbed the daughter thrice in the neck and stomach, the daughter stabbed her mother four times. Hearing the commotion, the neighbours rushed to their house and alerted the police on seeing both of them lying in a pool of blood.

The police, who rushed to the scene, shifted both women to hospital, where Sahitya was declared brought dead. The mother, whose name was not revealed, is undergoing treatment. 

“As per the initial probe, only the two were living in the house. The reasons for the incident will be known only after the mother recovers and we record her statement,” the police said. The Banashankari police have registered a murder case and are further investigating.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.