Episode 3: Impact on Jobs, Incomes, Inequality and Poverty


Manage episode 294609089 series 1268356
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The State of Working India 2021 (https://bit.ly/3xc4W98) report by the Centre for Sustainable Employment (CSE) at the Azim Premji University finds that the pandemic has further increased informality and led to a severe decline in earnings for the majority of workers resulting in a sudden increase in poverty. In particular, the poor, women and younger workers have disproportionately borne the brunt of the pandemic. To discuss key findings of the report and more, Yamini Aiyar (President and Chief Executive, CPR) speaks to Amit Basole (Associate Professor of Economics and Head, CSE, Azim Premji University) in this episode of India Speak. Basole sheds light on the trends in employment patterns and the dynamics of informality in India’s labour market prior to the pandemic, to make sense of the slow structural transformation in the economy. He discusses the implications of the differentiated gender dynamics, the move to informality and the loss of income for India’s economy. He further highlights what the policy response should be to the immediate crisis and the lessons that can be learned from it. About the Series The second wave of the COVID-19 pandemic poses serious challenges that need immediate attention. The collapse of an already strained health system, vaccine supply shortage, an unprecedented economic crisis and sharpening inequality, are factors that raise crucial concerns. How must India confront this crisis? The Centre for Policy Research (CPR) brings leading experts to discuss what the country’s response should look like in a new podcast series, India and the Pandemic. Listen to other episodes in this series: • Impact of the Second Wave on the Economy featuring Pranjul Bhandari (https://bit.ly/355aQwE) • Impact of the Second Wave on Unemployment and Labour Force Participation featuring Mahesh Vyas (https://bit.ly/3wpcNjL) For more information on the Centre’s work, follow CPR on Twitter @CPR_India or visit www.cprindia.org.

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