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The unemployment rate in the country has more than doubled in the March-May period this year as the pandemic’s second wave flattened the country, data released by a private research group show. According to weekly unemployment figures released by the Centre for Monitoring Indian Economy (CMIE), a leading business information think tank, the rural populace has also born the brunt of the pandemic and the resultant restrictions this time. During the first wave last year, the urban workforce had been primarily affected. Also, women have been more adversely hit by the latest Covid surge. The CMI...

Poor people, without a support system, were the worst sufferers of the partial and complete lockdown, the survey released by Azim Premji University suggests

COVID Pandemic pushes 23 crore Indians into poverty: Report As the pandemic and the eventual lockdowns wreaked havoc on the economy and livelihoods, around 23 crore Indians have been pushed into poverty   |  7 May 2021 1:08 AM GMT NEW DELHI: As the pandemic and the eventual lockdowns wreaked havoc on the economy and livelihoods, around 23 crore Indians have been pushed into poverty during the past one year, showed a report by Azim Premji University. It said that the rural poverty rate increased by 15 percentage points and the urban poverty rate was up nearly 20 points. "The number of in...

The first wave of Covid last year pushed the earnings of the families of 23 crore Indians below the national minimum daily wage of Rs 375 suggested by a government-appointed committee, a report released on Wednesday said. The “State of Working India 2021: One year of Covid-19”, released by the Azim Premji University, says the number of people living in households with daily incomes below Rs 375 was 22.62 crore and 7.24 crore in rural and urban areas, respectively, at the start of the outbreak in March 2020. At the end of October last year, eight months into the pandemic, these numbers had...

COVID-19 pandemic drove 230 million people in India into poverty: Study Toggle share menu Advertisement India has been hit hard by the pandemic. (Photo: AFP/Tauseef Mustafa) 06 May 2021 08:46PM Share this content Bookmark MUMBAI: About 230 million Indians fell into poverty due to the COVID-19 pandemic last year with young people and women the hardest hit, and the current second wave threatens to make matters even worse, a new study has said. India's stringent months-long lockdown from last March put about 100 million people out of work, the report by the Banga...