Covid-19: Top economist says India might face ‘serious livelihood crisis’ Covid-19: Top economist says India might face ‘serious livelihood crisis’ Noted economist Jean Dreze has warned that India might face a 'serious livelihood crisis' due to the impact of the second Covid-19 wave. He added that the working class population may suffer more this time in comparison to the situation last year. advertisement UPDATED: May 12, 2021 11:07 IST Livelihood of poorer Indians have been severely impacted as most states have imposed lockdowns to contain the second wave of Covid-19. (Photo: PTI/Representational image) India might be heading towards a “serious livelihood crisis” as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze.