Urban joblessness up 22%, experts fear gains against poverty to be wiped out -Seema Chishti
-The Indian Express
An estimated 50 million people are believed to have lost their jobs in just two weeks of the lockdown.
The CMIE data showing rise in unemployment in urban areas by more than 22 per cent between March 22 and April 5 confirms that the lockdown prompted by coronavirus will wipe out the tremendous gains made by India in being the only country apart from China to lift millions out of poverty in the past three decades.
Between 2006 and 2016, 271 million came out of poverty in India. The future of many now is uncertain with the lockdown leaving hundreds without jobs, and sending them back to villages or small towns.
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The Indian Express, 7 April, 2020, https://indianexpress.com/article/india/joblessness-up-22-experts-fear-gains-against-poverty-coronavirus-6352143/