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Episode details

World Service,09 Oct 2020,26 mins

Indian citizens borrow heavily amidst pandemic

World Business Report

Available for over a year

The pandemic means India is spending huge sums in support yet many citizens are borrowing. One woman tells us she has turned to money lenders to ease her financial woes, with no idea how much interest is being charged. To make things worse, we hear that heavy rains during the monsoon destroyed crops and have pushed many farmers deeper into debt. And economist Ashwini Deshpande explains that millions of Indian citizens could be pushed below the poverty line. Also in the programme, a court in Madrid has annulled the Spanish government's coronavirus restrictions on the city. We find out what might happen next from journalist Ashish Sharma. The prestigious American university, Yale, is being sued by the Justice Department for allegedly discriminating illegally against Asian and white undergraduate applicants. We get reaction from Irene Vazquez, who is a student at Yale. Plus, we find out how Astrid Fontaine, a female director at carmaker Bentley, is working to increase the diversity of the workforce. (Picture: A charity distributes food in Kolkata. Picture credit: Getty Images.)

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