This crisis has further exacerbated the already weak and falling economic growth over the last several quarters. Loss of income for the principal earner of the family means that his dependants too will be languishing without financial support.
Tens of millions of families in different regions of the country are facing the spectre of poverty.
The United Nations in a report published last year estimated the number of poor people in India at a humongous 364 million, which is 28 per cent of the population. Now, the crisis created by the combination of Covid-19 pandemic, national lockdown and job losses means that many more millions are joining the ranks of the poor.