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Opinion | Some of our taxpayers need their money back

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Our crisis of urban unemployment has hit the formal sector, which has been shedding jobs, and now seems set to worsen. We need a tax credit scheme as a safety net for India’s better-off A crisis of formal sector unemployment in urban India seems set to sharpen over the months ahead.

According to a tracker run by the Centre for Monitoring Indian Economy (CMIE) that offers a daily average of the past 30 days’ numbers for trend analysis, the country saw overall joblessness spike in cities after the lockdown began.

Since then, job deprivation has weighed upon every fourth urban-dweller, by CMIE data, and this high rate of joblessness seems to have risen slightly over May.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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