Covid crisis: 72.50 lakh jobs lost due to lockdown and night curfew in India
In order to deal with the growing Coronavirus Crisis and second wave in the country, the economy is getting badly affected by lockdown and night curfew.
The Center for Monitoring Indian Economy, an organization that monitors the Indian economy, estimates that over 72.50 lakh jobs (Unemployment) have been lost due to this.
Economic activities are being severely affected due to the lockdown and night curfew imposed to avoid the second wave of Corona has again created an employment crisis.
In April, 2021, about 28 lakh salary jobs were lost. During this time, employment of 6 lakh daily wage workers was lost. However, CMIE believes that the unemployment crisis is not of the level of lockout of last year.
CMIE estimates that in April the agriculture sector lost about 60 lakh employment opportunities due to seasonal reasons, whereas, in this month, about 20 lakh people created their employment through self-employment.