Coronavirus epidemic is causing worldwide fear. In this scenario, developing countries are hit hard by Corona, and India is not sure what to do. The extent to which the world is going to face catastrophe.
India may go to poverty ..!
81% of workers are likely to be infected by the corona virus. It has suffered worse compared to World War II. The Labor Organization said.According to the International Labor Organization, unemployment in India could reach 400 million people.
No chance to recover now!
Globally, 6.7% of working hours can be destroyed during the period of July – December. This is much higher than the loss in 2008-09.The International Labor Organization says the situation is unlikely to get worse by 2020 End.
Staff Impact ..!
Following the implementation of the curfew by the Corona virus, currently affecting nearly 2.7 billion workers. This represents 81% of the world’s workers, the ILO said. The International Labor Organization predicts 195 million full-time workers will lose their jobs.
India is more vulnerable ..!
Nearly 90% of the people in India have an informal economy. Poverty is likely to rise during the crisis of some 400 million workers. The unemployment rate for the week ended April 5 was 23.4%, according to CMIE. The urban unemployment rate stands at 30.9% and the same rural unemployment rate is 20%. The World Organization says workers are facing the most serious crisis since World War II.