Over 10 million Indians have lost their jobs because of the second wave of COVID-19, and around 97 per cent of households’ incomes have declined since the beginning of the pandemic last year, Centre for Monitoring Indian Economy (CMIE) chief executive Mahesh Vyas said on Monday.
The unemployment rate measured by the think-tank is expected to come at 12 per cent at the end of May as against 8 per cent in April, Vyas told PTI, adding this signifies that about 10 million or 1 crore Indians have lost jobs in this period. The food delivery union of Karnataka has written to Chief Minister BS Yediyurappa urging him to announce a relief package for delivery persons, giving them protection and also help provide for their families in case of their deaths. Despite working all day tirelessly to deliver food to people who are unable to step outside due to the COVID-19 pandemic, food delivery persons in Bengaluru say the government does not recognise them as frontline workers.
The United Food Delivery Partners Union has also written to companies employing delivery persons. According to Srinivas, a delivery person, the union has also demanded free treatment for them and their families if they contract COVID-19 as they deliver food and medicines to needy people throughout the day. Two-wheeler major Yamaha Motor India on Tuesday said it has cut ex-showroom prices of its FZS 25 and FZ 25 bikes in the country with immediate effect on account of reduction in the input costs of the two-mode