According to the report, about 90 percent of people in India work in the unorganized sector. The employment and earnings of about 400 million workers are expected to be affected. This is likely to trap them in a vicious cycle of poverty. The report says that the current lockdown in India has had a significant impact on these workers. The closure has forced many of them to return to their villages.
The International Labor Organization (ILO) says the epidemic has affected working hours and earnings globally. The report outlines the most affected areas and suggests policy measures to overcome the crisis.
According to the International Labor Organization (ILO), the crisis is expected to end at 6.7 percent of working hours in the second quarter of April-June 2020. The Corona epidemic is expected to cut 19.5 million full-time jobs in the second quarter alone.
According to the International Labor Organization (ILO), the crisis is expected to end at 6.7 percent of working hours in the second quarter of April-June 2020. The Corona epidemic is expected to cut 19.5 million full-time jobs in the second quarter alone
The 21-day lockdown from March 25 to April 14 is estimated to cost છે168 billion a day at an estimated 8 billion. If the lockdown lasts 30days, the damage is estimated at 24 240 billion. However, the effort to save precious human lives from the lockdown goes beyond the loss of billions of dollars.
