Explaining COVID-19 Lockdown, Employment and Migration in India: Challenges and Prospects

Parida, Purna Chandra and Suri, Yogesh (2021) Explaining COVID-19 Lockdown, Employment and Migration in India: Challenges and Prospects. Working Paper. Azim Premji University, Bengaluru.

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Abstract

This paper makes an attempt to do an assessment of the impact of COVID-19 on employment and migration in India. The analysis is based on up-to-date facts and figures available in the public domain on economic growth, employment and migration. Using the employment elasticity approach, the study estimates employment loss during 2020-21 owing to the negative impact of COVID-19 on economic activities. The results of the study suggest that the country may witness job loss with the tune of 18.5 18.8 million in the current fiscal year. This in turn would shoot up the unemployment rate from 5.8% in 2018-19 to 8.9% in 2020-21, warranting a coordinated and focused approach from both the Central and State governments to uplift the confidence of the people and bring back the lost jobs, particularly the migrant workers. The study also emphasises on Central government’s urgent attention and action plan for uplifting the rural economy in order to revive India’s economy in the short run.

Item Type:	Monograph (Working Paper)
Authors:	Parida, Purna Chandra and Suri, Yogesh
Document Language:	Language English
Uncontrolled Keywords:	Employment growth, Migration, Impact of COVID-19, Indian Economy
Subjects:	Social sciences > Economics
Divisions:	Azim Premji University - Bengaluru > Research Centre > Centre for Sustainable Employment
Full Text Status:	Public
URI:	http://publications.azimpremjiuniversity.edu.in/id/eprint/4339
Publisher URL:

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