Indian Society of Labour Economics urges govt to give cash transfers, free ration to informal worker household
According to the Indian Society of Labour Economics, assuming that about 20 crore households will require cash assistance, the total quantum of assistance will be about Rs 3,60,000 crores over three months. It has also sought wage compensation to ...

Besides, it has sought wage compensation to support unorganized sector and the medium and small scale enterprises to tide over the unprecedented crisis arising from the outbreak of COVID-19.
“Given the magnitude of the crisis that the country is facing, these measures will have to be scaled up with immediate and unconditional financial and other support from the national government,” it said in a letter to the Prime Minister and chief ministers of all states.
“Therefore we appeal to the government of India and all the state governments to initiate urgent additional measures that are required to address critical gaps in the short-term relief measures announced so far for the impacted population,” it added .
According to the Indian Society of Labour Economics, assuming that about 20 crore households will require cash assistance, the total quantum of assistance will be about Rs 3,60,000 crores over three months.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.