400 million Indian workers may sink into poverty due to Covid-19: UN | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 10, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 10, 2025
400 million Indian workers may sink into poverty due to Covid-19: UN

Coronavirus chronicle

PTI/ BSS
08 April, 2020, 01:35 pm
Last modified: 08 April, 2020, 01:43 pm

Related News

  • Begging booms in Dhaka while demand for domestic help remains high
  • Curfew and internet ban imposed in Manipur after arrests spark fresh unrest
  • Explosions, fires rock Singapore-flagged cargo ship off India's Kerala coast
  • Govt advises against non-essential travel to India amid rising Covid-19 risks
  • India's $80 billion coal-power boom is running short of water

400 million Indian workers may sink into poverty due to Covid-19: UN

Worldwide, two billion people work in the informal sector (mostly in emerging and developing economies) and are particularly at risk, the report said, adding that the covid-19 crisis is already affecting tens of millions of informal workers

PTI/ BSS
08 April, 2020, 01:35 pm
Last modified: 08 April, 2020, 01:43 pm
FILE PHOTO: Migrant workers, who work in textile looms, are seen outside a loom after it was shut due to the 21-day nationwide lockdown to slow the spread of the coronavirus disease, in Bhiwandi on the outskirts of Mumbai, India, April 1, 2020. REUTERS/Francis Mascarenhas
FILE PHOTO: Migrant workers, who work in textile looms, are seen outside a loom after it was shut due to the 21-day nationwide lockdown to slow the spread of the coronavirus disease, in Bhiwandi on the outskirts of Mumbai, India, April 1, 2020. REUTERS/Francis Mascarenhas

About 400 million people working in the informal economy in India are at risk of falling deeper into poverty due to the coronavirus crisis which is having "catastrophic consequences", and is expected to wipe out 195 million full-time jobs or 6.7 per cent of working hours globally in the second quarter of this year, the UN's labour body has warned.

The International Labour Organization (ILO) in its report titled 'ILO Monitor 2nd edition: Covid-19 and the world of work', describes coronavirus pandemic as "the worst global crisis since World War II".

"Workers and businesses are facing catastrophe, in both developed and developing economies. We have to move fast, decisively, and together. The right, urgent, measures, could make the difference between survival and collapse," ILO Director-General Guy Ryder said on Tuesday.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Worldwide, two billion people work in the informal sector (mostly in emerging and developing economies) and are particularly at risk, the report said, adding that the covid-19 crisis is already affecting tens of millions of informal workers.

"In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial," ILO said.

"In India, with a share of almost 90 per cent of people working in the informal economy, about 400 million workers in the informal economy are at risk of falling deeper into poverty during the crisis. Current lockdown measures in India, which are at the high end of the University of Oxford's covid-19 Government Response Stringency Index, have impacted these workers significantly, forcing many of them to return to rural areas," it said.

The report said the disruption to the world's economies caused by the covid-19 pandemic is expected to wipe out 6.7 per cent of working hours globally in the second quarter of this year ? the equivalent of 195 million
jobs worldwide.

"The covid-19 pandemic is having a catastrophic effect on working hours and earnings, globally," it said.

World+Biz / Top News

Coronavirus / COVID-19 / UN / India / Indian workers / poverty

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Swedish activist Greta Thunberg, who departed Israel by plane on Tuesday after being detained aboard the Gaza-bound British-flagged yacht "Madleen" after Israeli forces boarded the charity vessel as it attempted to reach the Gaza Strip in defiance of an Israeli naval blockade, talks to journalists surrounded by French police as she arrives at a terminal at the Paris-Charles de Gaulle Airport, in Roissy-en-France near Paris, France, June 10, 2025. REUTERS/Gonzalo Fuentes
    Greta Thunberg says she was kidnapped by Israel in international waters
  • Right-wing Knesset members Itamar Ben-Gvir (Left) and Bezalel Smotrich, Jerusalem, September 2022. File Photo: REUTERS/Amir Cohen/Pool
    UK sanctions Israeli far-right ministers over Gaza comments
  • A file photo of Bangladesh Bank Governor Dr Ahsan H Mansur. Photo: Collected
    'I have no relation with this': Ahsan Mansur debunks Joy’s allegations over daughter’s Dubai flat

MOST VIEWED

  • On left, Abdullah Hil Rakib, former senior vice president (SVP) of BGMEA and additional managing director of Team Group; on right, Captain Md Saifuzzaman (Guddu), a Boeing 787 Dreamliner pilot for Biman Bangladesh Airlines. Photos: Collected
    Ex-BGMEA SVP Abdullah Hil Rakib, Biman 787 pilot Saifuzzaman drown in boating accident in Canada
  • File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar
    Dhaka: The city we never want to return to, but always do
  • Chief Adviser Muhammad Yunus leaves for a four-day visit to the United Kingdom from the Dhaka airport on 9 June 2025. Photo: CA Press Wing
    CA Yunus leaves for UK; discussion expected on renewable energy investment, laundered money
  • File Photo: Collected
    Enhanced surveillance at Ctg airport amid rising global Covid-19 cases
  • Inside the aid ship stormed by Israeli forces on 9 June 2025. Photo: BBC
    Israeli forces stormed aid boat carrying Greta Thunberg bound for Gaza: Freedom Flotilla Coalition
  • Photos: Collected
    Abdul Hamid wasn't arrested because he's not wanted right now: Home adviser

Related News

  • Begging booms in Dhaka while demand for domestic help remains high
  • Curfew and internet ban imposed in Manipur after arrests spark fresh unrest
  • Explosions, fires rock Singapore-flagged cargo ship off India's Kerala coast
  • Govt advises against non-essential travel to India amid rising Covid-19 risks
  • India's $80 billion coal-power boom is running short of water

Features

Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

2h | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

1d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

3d | Bangladesh
Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

6d | Panorama

More Videos from TBS

Greta Thunberg deported from Israel

Greta Thunberg deported from Israel

4h | TBS World
BNP is not a revolutionary party: Mirza Fakhrul

BNP is not a revolutionary party: Mirza Fakhrul

5h | TBS Today
News of The Day, 10 JUNE 2025

News of The Day, 10 JUNE 2025

2h | TBS News of the day
Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

5h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net