New Delhi: Due to the Corona epidemic, many countries of the world have fallen victim to the economy today. This epidemic has severely ruined the economy of most of the countries of the world. In such a situation, financial crisis has arisen in many countries of the world. For the first time since the year 1990, the middle-class population has registered a decline and the major reason for this is being told that there are no jobs during the Corona period. This is also revealed by the data of the World Bank. In such a situation, it is not untouched in India. The Corona epidemic has had a major impact on India as well. Due to the financial crisis created due to Corona in the country, about 32 million people in the category of the middle class have now moved out of this category and fall into the poor category. This disclosure was made by Pew Research Center of America.
The middle class had a big impact
According to Pew Research, 32 million people in India have been pushed back from the middle-class category due to the Corona crisis and are now in the poor category. According to this research, during the Corona period, the number of middle-class earners of $ 10 to $ 20 per day has fallen by about three crore 20 lakhs. Prior to the Corona period, there were about 990 million people in the middle-class category in India and now their number has come down to around 6 crores 60 lakhs.
6.2 crore people fall in the middle-class category
According to research, due to the coronavirus, 6.2 million people in the high-income category fell into the middle-class category in the country. According to this research, there are those in the high-income category who earn, according to an estimate, about Rs 3630.50 a day. Quoting World Bank forecasts, Pew said in his research, “There is an estimate that the slowdown in the Corona epidemic will result in the more middle-class reduction and more poverty in India than China.” Let us tell you that between 2011 and 2019, about five crores 70 lakh people had joined the middle-class category.
The government took many steps to support the economy
Prime Minister Modi’s government has taken several steps to support the country’s economy, anticipating a contraction of eight percent this fiscal year. However, the slowdown caused by the coronavirus has pushed progress back years. The Pew Research Center estimates that the number of poor people earning two dollars or less per day has risen to 70 million.
