The report has further noted that the unemployment is matched by stagnant earnings indicating that labour demand continues to be weak and that the effects of continued weak aggregate demand in the economy are being passed on to workers.
A slew of recent research papers that offer opposing viewpoints has reignited the old debate - has poverty in India diminished or increased? Moneycontrol examines the issue.
Of the millions of workers who worked in India's factories in 2019-20, less than a fifth were women. This share has remained largely unchanged for over two decades.
COVID-19 first wave pushed 23 crore Indians into poverty: Azim Premji University
The report, titled State of Working India Report 2021 stated that rural India witnessed a 15% increase in poverty and a 20% rise was registered in urban areas after one year of the coronavirus pandemic
BusinessToday.In | May 6, 2021 | Updated 17:03 IST
At least 23 crore Indians have fallen below the national minimum wage poverty line due to the economic devastation caused by the COVID-19 pandemic. (Photo: Reuters/Representational image)
The first wave of the COVID-19 pandemic shoved a staggering 230 million (23 crore) Indians below the poverty line, estimated a study by the Azim Premji University.