India faced massive unemployment during the covid pandemic. One of the worst hit sectors was the impact of the unorganized sector, firstly due to sudden countrywide lockdown and then economic crisis. While some of them managed to get back to work, many are yet to recover, like roadside shop owners, beauty parlors, vegetable vendors, etc., as they took loans to survive and had to sell their equipment or whatever assets they had to repay.
- The Coronavirus pandemic has wrecked the lives and livelihoods of millions of people in India, especially those in major cities in urban areas, who had once left their hometown/villages in search for work here.
- Self-employed workers and casual wage workers are most affected with 84% and 81% losing their employment, respectively.
- A total of 89% of the urban households reported that they would not be able to pay rent for the following month.