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India Today

India Today June 15, 2020

India Today is the leading news magazine and most widely read publication in India. The magazine’s leadership is unquestioned, so much so that India Today is what Indian journalism is judged by, for its integrity and ability to bring unbiased and incisive perspective to arguably the most dynamic, yet perplexing, region in the world. Breaking news and shaping opinion, it is now a household name and the flagship brand of India’s leading multidimensional media group. Additionally, the weekly brings with it a range supplements like Women, Home, Aspire, Spice and Simply which focus on style, health, education, fashion, etc. and Indian cities.

Land:
India
Sprache:
English
Verlag:
Living Media India Limited
Erscheinungsweise:
Weekly
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4 Min.
editor-in-chief

Being the financial capital of the country, Mumbai has often been labelled the New York of India. Now, with the coronavirus pandemic raging across the world, it has also come to share the dubious distinction of being the city with the highest number of corona infections and deaths in the country with its American counterpart. One of every five COVID-19 deaths in India these days is in Mumbai alone. Maharashtra has come to account for 35 per cent of the total infections and 42 per cent of the total deaths in the country due to Covid. Its health system is in danger of being overwhelmed. The three states most affected by the coronavirus—Maharashtra, Tamil Nadu and Gujarat—are also India’s wealthiest, most industrialised states. The intersection between health and wealth is as…

4 Min.
the loss of faith

On June 1, Moody’s Investors Service, which rates bonds issued by governments and commercial entities, downgraded India’s foreign-currency and local-currency long-term issuer ratings by a notch to ‘Baa3’ from ‘Baa2’, adding that the outlook remained ‘negative’. This is the lowest investment-grade rating in Moody’s assessment. Bond credit ratings represent the creditworthiness of corporate or government paper. The reasons Moody’s cited for the downgrade are: weak implementation of economic reforms since 2017, relatively low economic growth over a sustained period, a significant deterioration in the fiscal position of governments (central and state) and the rising stress in the country’s financial sector. Moody’s downgrade of India’s sovereign rating to Baa3 brings its rating in line with Standard &Poor’s (S&P) and Fitch’s ratings (BBB-), a notch above ‘junk’ status. This comes after Moody’s outlook downgrade…

2 Min.
the week in numbers

71% Reduction in use by Indians of retail and leisure spaces over five weeks up to May 25, shows the most recent Google mobility trends report. The baseline is usage recorded between January 3 and February 6, 2020. Use of parks and similar spaces was down 55%. Data for the USA over a similar period showed the use of parks and public spaces had increased by 60%, while retail and recreation was down 28%. 3 times in just over a week—that’s how often Pinjra Tod activist Devangana Kalita has been arrested by Delhi police over alleged involvement in anti-CAA violence. Despite the high court giving her bail after her first arrest on May 23, the police re-arrested her in connection with a second case and then a third. On June 2,…

2 Min.
so close, yet so far

Migrant workers from across India have spent the past two months trying to get home—some making their way slowly, painstakingly on foot; some hitchhiking, catching rides on trucks and buses; and a few lucky ones by train. As they finally manage to reach their hometown, what awaits them is not the loving embrace of family members or the comfort of the familiar but the bleak confines of quarantine facilities. In villages with no such government-run centres, the returning workers are using makeshift structures to isolate themselves to protect their families from the coronavirus. All are required to spend a minimum of 14 days in quarantine. Some are able to see their family members from across locked gates, but for most the quarantine is an exercise in devising ways to pass…

5 Min.
no purchase with banks

For Kanwar Pal, 44, the lockdown has been nothing short of a nightmare he can’t wake up from. A resident of Sorkha village in Noida, Uttar Pradesh, Pal owned a pushcart, which he used to run his business of selling an assortment of evening snacks. During the lockdown, Pal had to shut down his business and, a few days later, sell the cart itself to be able to feed his family of six. Now, as the country resumes economic activity, Pal has no resources at hand to begin earning again. However, there is light, albeit a faint one, at the end of the tunnel—the Centre’s PM SVANidhi (PM Street Vendors Atmanirbhar Nidhi) scheme, a micro-credit facility to provide loans of Rs 10,000 to street vendors at subsidised rates of interest. The…

1 Min.
the story of a battle for vendor rights

1983: Bombay Hawkers Union challenges the BMC’s powers to refuse renewal of licences and removal of goods without hearing hawkers 1985: Supreme Court allows hawkers to carry on their businesses, but brings in stricter norms to check adulteration 1988: Delhi High Court rules vendors have no right to run their business on public roads and cause a nuisance 1989: Supreme Court allows local bodies to permit hawkers on the sidewalks, but restricts hawkers from asserting permanent occupation over the space 1998: National Association of Street Vendors of India (NASVI), a network of various associations and vendors unions, is formed to collectively fight for the rights of vendors 2001: A task force in the ministry of urban development with municipal commissioners and police officials is formed to draft a national policy on street vending 2004: India adopts…