Workers’ income fell by 17%, says report (The Hindu, Economy, GS-3)

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06 May Workers’ income fell by 17%, says report (The Hindu, Economy, GS-3)

Posted at 06 May 2021 in Current Affairs, GS Paper III by
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Context:- Due to Covid-19 and Covid-2.0 led to income decrease by 17% in overall sectors.

Effects of COVID-19:-

  • In-formalization of employments
  • Increase in the unemployment.
  • Decrease in the demand
  • 100 million jobs were lost nationwide during the April-May 2020 lockdown
  • Education, health and professional services saw the highest exodus of workers
  • Women and younger workers were more affected by the pandemic-related measures
  • Increase in the domestic violence.

How We can Cop-up now

  • Priority should be the life with state support to livelihood.
  • Support to small business such as theliwala, auto-rikshaw drives.
  • Must enhance the capability of human capital.
  • Increase in the health workers will have a win-win situation.
  • For village people MGNREGA is the way forward.
  • state-center cooperative federalism.
  • a comprehensive study of after effects so that sector wise, state wise and profession wise government can target the affected people.

Download Daily Current Affairs of 6th May 2021

Swarn Singh
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