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27.04 - 08:59
400 million Indians at risk of falling into poverty during crisis: ILO
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NEW DELHI : As many as 400 million Indians, including migrant workers and daily wage earners, are at risk of being pushed deeper into poverty because of the covid-19 pandemic, the International Labour Organization (ILO) said.
The Geneva-based body’s warning comes at a time when the coronavirus outbreak continues to spread across India and a complete relaxation of the lockdown post April 14 looks bleak.
The forecast indicates that there may be lasting economic damage from the shock caused by the covid-19 pandemic, including widespread joblessness.
Loss of wages, in turn, is likely to trigger a slump in demand. Economists said poverty will be a bigger challenge for India and may set the economy back by years. “Economic growth and poverty are
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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