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The study on the impact of the blockade on household income published on Tuesday also revealed that almost 84% of households have suffered a decrease in monthly income, and that more than a quarter of the country’s working-age population you are unemployed
“Across India, 34% of all households report that they cannot survive more than a week without additional assistance,” said the study co-authored by CMIE chief economist Kaushik Krishnan, highlighting the urgent need for support for homes on the low end. of the income spectrum.
“These figures suggest that rapid distribution of transfers in cash or in kind is necessary to avoid a sharp increase in malnutrition and severe deprivation,” he said.
The study found that the broad decline in household income coincided with a sharp rise in the unemployment rate to 25.5% on May 5 from 7.4% on March 21, according to the Quarterly Survey of Consumer Households on Pyramids ( CPHS) of the CMIE.
It also revealed an urban-rural divide, with 65% of urban households reporting enough provisions for a week, while only 54% of rural households said they had enough provisions.
Some states were more affected than others. While Delhi, Punjab and Karnataka were the least affected, states like Bihar, Haryana and Jharkhand were the most affected, according to the study.
This indicated that the decrease in income had more to do with factors such as per capita income before closure, the effectiveness of aid delivery and the severity of the closure rather than the extent of the outbreak.
The study was written by CMIE’s Krishnan, Marianne Bertrand, a professor at the Booth School of Business at the University of Chicago, and Heather Schofield, an assistant professor at the Wharton School of the University of Pennsylvania.
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