NEW DELHI : A staggering 84% of people in Delhi and its suburbs, most of them part of the region’s vast informal economy, have suffered wage losses in the past two weeks, a survey by the National Council of Applied Economic Research (NCAER) found.
Fifty-five percent of the respondents reported a “severe" loss of income because of the lockdown to stem the spread of the coronavirus outbreak, while 29% said their income has fallen “somewhat", the survey conducted between 3 and 6 April found.
Respondents reported a reduction in their income or wages in the two weeks prior to the survey. “Only 15.5% of households reported that the coronavirus outbreak has not reduced their income or wages," the NCAER survey said.
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