MUMBAI: Around 230 million Indians fell into poverty due to the pandemic last year with young people and women the hardest hit, and the current second wave threatens to make matters even worse, a new study has said. India's stringent months-long lockdown from last March put around 100 million people out of work, the report by the Bangalore-based Azim Premji University said, with around 15 percent unable to find jobs even by the end of the year.
Women were especially worse-off, with a staggering 47 percent of female workers unable to secure employment even after virus restrictions were lifted, according to the study published on Wednesday.
The report, which defined people in poverty as those living on less than 375 rupees ($5) per day, said: "Though incomes fell across the board, the pandemic has taken a far heavier toll on poorer households."
Asia's third-largest economy was in the throes of a prolonged slowdown even before Covid-19 struck, but the pandemic untraveled years of gains.
An estimated 50 million Indians were expected to climb out of poverty last year, instead the poorest 20 percent of households saw their entire income vanish in April and May as business ground to a halt.
"Needless to say, the second wave is going to make things worse," said Amit Basole, one of the report's authors. Many families coped with the income losses by spending less on food and taking on debt, with an alarming 20 percent of respondents revealing that their food intake had not improved even six months later.
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