India sees job losses

13 April, 2021 12:00 AM printer

NEW DELHI: A fresh round of provincial lockdowns to curb the record rise in virus infections is leading to job losses in India, according to the latest employment data by a private research firm.

Unemployment touched 8.6 per cent for the week ending April 11, from 6.7 per cent two weeks ago, showed the data by Centre for Monitoring Indian Economy Pvt. Ltd. The hit is more severe in urban areas where it’s nearing 10 per cent as local media shows images of workers fleeing cities fearing harsher curbs like last year, report agencies.

Asia’s third-largest economy is potentially on track to regain the second spot from Brazil after adding a record 168,912 cases in a day, taking the tally to 13.53 million cases.

It is facing an escalating health crisis with the second wave overwhelming hospitals and forcing states to restrict activities.

While wealthiest Maharashtra, the worst hit by the virus, is contemplating more curbs after announcing a strict weekend lockdown, national capital Delhi, which is operating under a night curfew, has warned of more restrictions if its medical facilities collapse.