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Unemployment rate in India hits 27.11% amid COVID-19 pandemic extended lockdown

There has been a significant amount of dip in the economic front due to the current lockdown situation. More than anyone in the nation, the impoverished are likely to be the worst affected group.

People are already losing jobs and it is predicted that 135 million Indians might end up being unemployed, which will further push India towards poverty.

The economy will be in a bad shape which will be the cause of unemployment, increase in poverty and reduced per-capita income, will reflect an ugly GDP scenario of the country. The daily wage workers and migrant labourers have already started leaving for their native places, as they helplessly complain about companies shutting and lack of availability of work.

The people on the roads have only one concern and they ask an aching question to the Prime Minister Narendra Modi — why didn’t you take care of us during the lockdown.

Finance Minister Nirmala Sitharaman announced the initiative taken by the government for migrants and farmers during the national lockdown, including free ration for stranded workers. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) during the pandemic, had helped provide jobs to returning workers in rural areas and advised States to continue the process in the monsoon season as well. Migrant workers, the urban poor and small farmers are the targeted beneficiaries of these announcements, she said.

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