#iycindia

[prabudhab]

According to the study, based on World Bank projections of economic growth, income levels in India dropped sharply for a large part of the population after the nationwide lockdown. The pandemic disrupted almost all industries last year, resulting in massive job losses across the formal and informal sectors of the economy. As part of the study, the Pew Research categorised income levels in India — [ $2 or less per day (poor)], [ $2.01 to $10 per day (low income)], [ $10.01 to $20 per day (middle income), [ $20.01 to $50 per day (upper middle income) ] and [ $50 or higher (high income)]. The unemployment rate had also peaked to its highest in over four decades. Mindful leader Shri. @rahulgandhi ji pointed out that " This is the result of GOI's pandemic mismanagement. But we must look at the future now. Rebuilding our country will begin when PM acknowledges his mistakes and seeks help from the experts. Living in denial will not solve anything,”. and its very true! The pandemic left crores of Indians poorer as a nationwide lockdown to contain the virus took away their jobs and livelihood. The Centre for Monitoring Indian Economy (CMIE) estimated that 11 million jobs were lost in 2018 – pushing the unemployment rate to 7.38%. A leaked NSSO report pegged the unemployment rate at 6.1%, the highest in over four decades. India will suffer more if Job creation is not happening. The large numbers of educated but unemployed youth are likely to get sucked into it. India should worry about its Educated, but Unemployed, Youth. #povertyinindia #poverty #unemploymentinindia #indianbloggers #indianeconomy #economy #RahulGandhi #rahulgandhi #indiawithrahulgandhi #welovecongress #RGVM #welovecongress_ #incindia #incmaharashtra #incdelhi #incmumbai #iycmaharashtra #iycindia #rahulgandhivicharmanch #rahulgandhispeaksforindia #rahulgandhisena #rahulgandhizindabad #india🇮🇳 #भारत #🇮🇳 #jobloss #delhidiaries2021 #delhifoodbloggers #mumbai (at India) https://www.instagram.com/p/CQXrmtXtLhx/?utm_medium=tumblr