oppn parties The People Are Worried

News Snippets

  • The Indian envoy in Bangladesh was summoned by the country's government over the breach in the Bangladesh mission in Agartala
  • Bank account to soon have 4 nominees each
  • TMC and SP stayed away from the INDIA bloc protest over the Adani issue in the Lok Sabha
  • Delhi HC stops the police from arresting Nadeem Khan over a viral video which the police claimed promoted 'enmity'. Court says 'India's harmony not so fragile'
  • Trafiksol asked to refund IPO money by Sebi on account of alleged fraud
  • Re goes down to 84.76 against the USD but ends flat after RBI intervenes
  • Sin goods like tobacco, cigarettes and soft drinks likely to face 35% GST in the post-compensation cess era
  • Bank credit growth slows to 11% (20.6% last year) with retail oans also showing a slowdown
  • Stock markets continue their winning streak on Tuesday: Sensex jumps 597 points to 80845 and Nifty gains 181 points to 24457
  • Asian junior hockey: Defending champions India enter the finals by beating Malaysia 3-1, to play Pakistan for the title
  • Chess World title match: Ding Liren salvages a sraw in the 7th game which he almost lost
  • Experts speculate whether Ding Liren wants the world title match against D Gukesh to go into tie-break after he let off Gukesh easily in the 5th game
  • Tata Memorial Hospital and AIIMS have severely criticized former cricketer and Congress leader Navjot Singh Sidhu for claiming that his wife fought back cancer with home remedies like haldi, garlic and neem. The hospitals warned the public for not going for such unproven remedies and not delaying treatment as it could prove fatal
  • 3 persons died and scores of policemen wer injured when a survey of a mosque in Sambhal near Bareilly in UP turned violent
  • Bangladesh to review power pacts with Indian companies, including those of the Adani group
D Gukesh is the new chess world champion at 18, the first teen to wear the crown. Capitalizes on an error by Ding Liren to snatch the crown by winning the final game g
oppn parties
The People Are Worried

By admin
First publised on 2020-07-26 19:24:49

About the Author

Sunil Garodia By our team of in-house writers.

People are talking about the state of the nation in the pandemic. While some people understand that the daily jump in cases, as reported by the media, is more due to increased testing being done now (up from 1 lakh tests daily a month ago to more than 4.5 lakh cases now), others are scared that the unlock has resulted in the rapid spread of the virus. There are still others who believe that it is a combination of both.

But people are mainly worried about two things - first, the state of the economy and second, the loss of several months in the academic calendar and the mental effect the continued closure of schools and colleges is having on the minds of students. They say that online classes can never make up for classroom study and other extracurricular activities including sports that the children are missing. They say that they see behavioral changes in children cooped up at home for the last 5 months. 

People say that without immediate and voluminous investment by the government in infrastructure projects, the economy will collapse. They say that the cascading effect of such investments will kick start the economy. People do not want doles but want government intervention in the form of investments. 

They point to empty shops and malls, businesses closing down and people losing their jobs to say that without current income, most people are dipping into savings just to make ends meet. This, they say, is a sure sign of catastrophic distress. People say it will take more than one year for things to get back anywhere near normal and by that time many more businesses will go down under and many families will be reduced to penury.

People say that the government must not lose time to address the problems of the economy. They are also saying that the Rs 20 lakh crore economic package announced earlier has not done anything real. They want the government to intervene is a productive way.

On the other hand, most parents, though worried about the loss of academic days, are not sure whether they will send their students to school in classes were to resume any time soon. They feel that unless a vaccine is out, it will be very risky for children to go to school. 

But they do not agree with the Chief Economic Advisor K Subramanian's view that the next economic package should be released after the vaccine. They say it will be too late by then.