More than 80% Indian households lost income during lockdown, says study

More than 100 million Indians have lost their jobs since March 25, 2020. About 84 per cent of Indian households saw their incomes fall last month under the world’s strictest shelter-at-home rules, and many won’t survive much longer without assistance, a study shows. The Chicago Booth’s Rustandy Center for Social Sector Innovation analyzed data from […]

Economic impact of the COVID-19 pandemic in India

The economic impact of the 2020 coronavirus pandemic in India has been largely disruptive. India’s growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic […]