Rebooting Economy VIII: COVID-19 pandemic could push millions of Indians into poverty and hunger

Rebooting Economy VIII: COVID-19 pandemic could push millions of Indians into poverty and hunger

Findings of several global studies reflect the fragile nature of existing policies and programmes aimed at eliminating poverty and hunger and call for rethinking economics to ensure sustainable and enduring outcomes

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In April, the World Bank released a paper saying that the COVID-19 pandemic would reverse the five years' of gains on poverty reduction by pushing 150 to 390 million people back into poverty worldwideIn April, the World Bank released a paper saying that the COVID-19 pandemic would reverse the five years' of gains on poverty reduction by pushing 150 to 390 million people back into poverty worldwide
Prasanna Mohanty
  • Jul 20, 2020,
  • Updated Jul 20, 2020 7:21 PM IST

Several global studies published in recent weeks say that the COVID-19 lockdown is likely to send hundreds of millions of people back into extreme poverty and hunger worldwide, including in India, and impoverish an even greater number of people. A UN report says the impact "will be long-lasting".

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The sheer magnitude of the impact is disturbing and needs urgent attention.

Here are some of the major findings.

)

For India to ignore all these danger signals would mean ruining millions of lives and the economy.

Several global studies published in recent weeks say that the COVID-19 lockdown is likely to send hundreds of millions of people back into extreme poverty and hunger worldwide, including in India, and impoverish an even greater number of people. A UN report says the impact "will be long-lasting".

Advertisement

The sheer magnitude of the impact is disturbing and needs urgent attention.

Here are some of the major findings.

)

For India to ignore all these danger signals would mean ruining millions of lives and the economy.

Read more!
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