Covid-hit India needs Rs 8 lakh crore package to support lower income groups: Report
Covid-hit India needs Rs 8 lakh crore package to support lower income groups: Report
A report has suggested that the government needs to roll out a relief package of Rs 8 lakh crore to contain hardships faced by lower-income groups due to the economic devastation caused by the Covid-19 pandemic.
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UPDATED: May 6, 2021 16:37 IST
The report is based on inputs from Consumer Pyramids Household Survey, Azim Premji Foundation, and many other civil society organisations. (Photo: Reuters/Representaitonal image)
The government will need to roll out a relief package worth Rs 8 lakh crore to contain hardships being faced by lower-income groups due to the economic impact of COVID-19, a report by Azim Premji University said on Wednesday.
COVID-19 first wave pushed 23 crore Indians into poverty: Azim Premji University
The report, titled State of Working India Report 2021 stated that rural India witnessed a 15% increase in poverty and a 20% rise was registered in urban areas after one year of the coronavirus pandemic
BusinessToday.In | May 6, 2021 | Updated 17:03 IST
At least 23 crore Indians have fallen below the national minimum wage poverty line due to the economic devastation caused by the COVID-19 pandemic. (Photo: Reuters/Representational image)
The first wave of the COVID-19 pandemic shoved a staggering 230 million (23 crore) Indians below the poverty line, estimated a study by the Azim Premji University.
Years of efforts to improve gender parity in the workplace have been undone by the COVID-19 pandemic that has played havoc with livelihoods, especially in the case of women.
IANS The government will need to roll out a relief package worth Rs 8 lakh crore to contain hardships being faced by lower-income groups due to the economic impact of COVID-19, a report by Azim Premji University said on Wednesday.
The report is based on inputs from Consumer Pyramids Household Survey, Azim Premji Foundation, and many other civil society organisations.
As per the calculations based on CMIE-CPHS data, the report said, around 23 crore people are estimated to have fallen below the national minimum wage poverty line due to the impact of COVID-19 on the economy and around 1.5 crore workers remain jobless by the end of 2020, the report titled State of the Work 2021 said.
India News: NEW DELHI: As India goes through a devastating second wave of Covid-19 infections, a new report on the “State of Working India” analyses the impact of.