Covid-19 and its impact on livelihood: An Indian perspective

Covid-19 has had adverse impact on various sectors of the economy. India’s Corona epidemic started spreading at the fastest pace across the world, becoming the 3rd highest country with infected corona patients. If no further vaccines or measures are in place, it will be very difficult to stabilize the situation. The government is trying to manage the various challenges that are coming in their way through various economic packages and providing extra funds for healthcare sector. During the lockdown the informal sector suffered the maximum due to the job losses and food insecurity. The livelihood sector which includes agricultural, fishing, poultry, self-help groups and migrant workers are major sufferers in India. Unemployment level in India reached all-time high reaching 23.5 % in April after imposing nationwide lockdown to curb the spread of pandemic.