Along with after the lockdown a sudden change in the expenditure pattern of customers. Industries such as accommodation, retail and wholesale business services, hospitality along with construction sector are the worst hit by the coronavirus pandemic. Also, the coronavirus pandemic has broken the back of the middle-class people. The data disclosed by International Labour Organization (ILO) states that in India the lockdown has now forced more than 40 crore workers involved in the informal sector to be below the poverty line. With the rise of unemployment, 24% have been recorded among literate youth, compared to 7% among those who have taken primary education. And the startling fact is that neither the central nor the state governments had this crucial data.Īfter the nationwide lockdown due to the coronavirus pandemic, urban unemployment has been upswing to 12.6% in the April-June quarter of 2021 as compared to 9.3% in January-march. Also, the lockdown was not less than a dilemma for the workers working in the informal sector, in which they had lost their jobs along with a lack of food security. The Indian economy registered the worst decline ever since 1996.Īs per the estimated data for 2020, over 10 million migrant workers had returned to their native places. The reports disclosed by the Ministry of Statistics and Programme implementation state that a massive shrink of 7.3% is registered in the April-June quarter of the fiscal year of 2021. Is India’s economy crumbling due to the covid-19 pandemic? So, there would be no instances of lockdown as of now but wearing a mask is mandatory. V.K Paul while addressing the nation said that India is prepared for any other wave of new coronavirus variants as of now and the mass population has been immunized with both doses of vaccination. As per the state health bulletin, the capital has registered 632 fresh cases with a positivity rate of 7.7% although there is no death has been reported so far. On the flip side, the number of jumps in the coronavirus cases has been significantly reported. See also Nokia CEO sees possible long-term benefits from Huawei clampdown Along with wearing a mask is mandatory for those who are at risk of the infection. While having words with ANI the scientist of Epidemiology and the Indian Council for Medical Research spoke that “the fourth wave is not likely to spread across India and also emphasized the continued use of face masks. V.K Paul added that India has geared up for a possible covid-19 wave. In the recent talk, a Niti Ayog member told that India is in a good state along with Dr. Although it was echoed earlier by the IIT Kanpur that the fourth wave will likely hit India by June and last for four months. In a recent talk, J Radhakrishnan the health secretary of the Tamil Nadu government said that whether the fourth wave of coronavirus will hit India or not depends on the new variant of coronavirus. The number of fresh coronavirus cases has been gearing up in the national capital or Maharashtra. Is the fourth wave bringing another lockdown in India? The country has reported 5,22,062 mortality since the pandemic began including 1,47,830 from Maharashtra whereas Kerala stood at 68,702 along with 40,057 from Karnataka and 38,025 from Tamil Nadu whereas 26,161 from Delhi and 23,502 from Uttar Pradesh and 21,200 from West Bengal. Nonetheless, the statistics of active cases is 0.03% of the total epidemic whereas the recovery rate stood at 98.76%. As per the data released by the Ministry of Health and Family Welfare is that the total tally of coronavirus cases in India stood at 4,30,52,425 with 56 mortality as of now. The IIT Kanpur in their studies reported that the possibility of the fourth wave in India will hit in June. Maharashtra has reported the highest number of cases followed by Kerala and Tamil Nadu. The positivity rate has been reported above 5% with the fresh 1000 covid-19 cases. The national capital has been soaring in the number of active cases. Along with 13,433 active cases of the new variant have been reported. Apart from this, a jump of 65% has been recorded in daily cases compared to last week. The covid-19 new surge in wave has been reported once again in India with the new 2,380 cases being registered across the country. See also VPN- What, Why, Where, How Everything You Need To Know About VPN & Best VPN Available In The Market 2022
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