Webinar :Register now for webinar on 'Trade BankNifty in just 15 minutes a day' - By Asmita Patel
you are here: HomeNewsTrends
Last Updated : May 29, 2020 03:00 PM IST | Source: Moneycontrol.com

Coronavirus impact | 77% households have consumed less food since the lockdown: Study

The Azim Premji University survey suggests 76 percent urban workers and 66 percent rural workers have lost their jobs already due to the coronavirus-induced lockdown.

Representative Image
Representative Image

A study conducted by Azim Premji University has revealed that nearly 66 percent Indians have lost their jobs since the coronavirus-induced lockdown was imposed on March 25.

The survey was conducted on 5,000 respondents across 12 states from April 15 to May 15 and the result was released on May 28. It was carried out to analyse access to the government’s coronavirus relief schemes and how the lockdown has impacted the livelihoods of people.

For live updates on coronavirus, click here

Close

As per the study results, the coronavirus lockdown also affected the food consumption pattern of household, with 77 percent of them reportedly consuming less food than they were before the lockdown. It also states that 47 percent of the households surveyed could not even afford to buy a week’s essential supplies.

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

The survey mentioned that the lockdown that was imposed to contain the spread of the novel coronavirus had greatly affected the economy, particularly straining the finances of the “vulnerable informal and migrant workers and their families”. It noted that both immediate and medium to long term policy measures will be required to reverse the negative impact and pave the way for economic recovery.”

The study observed that 44 percent of the salaried wage workers in Karnataka had claimed they have not received their salaries or faced pay cuts during the lockdown.

While the Centre or the state governments have not yet come out with a comprehensive report on the economic impact of the months-long nationwide lockdown, the Azim Premji University survey suggests 76 percent urban workers and 66 percent rural workers have lost their jobs already.

The daily wage labourers and migrant workers have been the worst-hit by the lockdown, as they were stranded without any means to earn livelihood. The agricultural sector, which was allowed to function even during the initial stages of the lockdown, has also seen a drop in earnings of the workforce by almost two thirds.

As far as relief measures announced to bail them out of the crisis are concerned, the study reveals only 30 percent households claimed to have received any assistance from the government. Majority of the migrant workers lived off the food and ration provided by private donors.

To follow our full coverage on coronavirus, click here
First Published on May 29, 2020 02:56 pm
Sections