136 million jobs at risk in post-corona India9 min read 30 Mar 2020, 09:43 PM IST
There will be a tsunami of job losses for employees who don’t have a regular salary, people without a written contract
A labour market crunch right now can easily turn into a nightmare. Besides the possibility of social unrest, expect more demands for more reservations in government
On a Monday afternoon, a day before India announced a 21-day lockdown to flatten the curve of covid-19 infections, Sunil Gupta, chairman and managing director of Travel Bureau, a tour operator in Agra, sat alone in his office in Agra’s Fatehabad Road. More than 10 million tourists visited the Taj Mahal in 2019 but things have nosedived since February 2020. Gupta’s 145 employees are at home. His company’s 80 cars and 36 coaches are gathering dust.
Select your Category