Explained: 4 ways how fresh Covid-19 restrictions can disrupt economic recovery
Explained: 4 ways how fresh Covid-19 restrictions can disrupt economic recovery
Several states including Maharashtra have imposed partial lockdowns due to a sharp rise in new Covid-19 cases. If these curbs get stricter, India s economic recovery could face serious roadblocks. Here s why
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UPDATED: April 5, 2021 17:42 IST
Economic recovery will suffer crtically if lockdowns imposed in various states get stricter. (Photo: PTI/Representational image)
A sharp rise in Covid-19 cases could severely slow down India’s economic recovery as many states have now started reimposing partial restrictions. India s economic recovery momentum could take a huge hit if states decide to impose stricter restrictions to contain the infection.
Updated Jan 21, 2021 | 10:16 IST
How COVID has disrupted & caused a systemic shift in the labour market. A look at the jobs in demand across geographies exemplifies the impact of the pandemic. (Representative Pic) | Photo Credit: iStock Images
Key Highlights
How has COVID impacted the labour market?
Jobs in digital & healthcare in high demand as COVID causes definitive shift in labour markets.
The repercussions of 2020 are likely to last for a long period of time. Behavioural changes, fear, consumption patterns and more importantly, jobs, there has been a seismic shift across all these paradigms. According to the Centre for Monitoring India-Economy (CMIE), employment in December 2020 in India was 1.47 crore lesser than in December 2019. While such a massive disruption in jobs is a story in itself; the sub-patterns in jobs losses are even more alarming.
Although men too lost jobs, the pandemic affected Indian women in the workforce harder
Eight months after the Covid-19 lockdown was imposed, 13% fewer women than a year ago were employed or looking for jobs, compared to 2% fewer men, data shows. Dec 16, 2020 · 01:30 pm The issues particular to migrant women labourers remain largely ignored in policy and programme interventions. | Amit Dave/Reuters
In the
video, the woman lies dead, her body laid out on the railway platform at Muzaffarpur, Bihar. A toddler, presumably the woman’s, plays by her side, tugging at the sheet that covers her.
For weeks, a grim nation had watched