About 40 crore workers in India working in the informal economy are at risk of falling deeper into poverty during the COVID-19 pandemic crisis.
The International Labour Organisation (ILO) said in a report today that the COVID-19 pandemic is affecting 2.7 billion workers globally due to lockdowns.
COVID-19 is already affecting tens of millions of informal workers. In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial.
In India, with a share of almost 90 per cent of people working in the informal economy, about 400 million workers or 40 crore in the informal economy are at risk of falling deeper into poverty during the crisis.