400 million workers in India, working in the informal economy, are at risk of falling deeper into poverty during the COVID-19 pandemic crisis, in addition to this it will affect 2.7 billion workers globally due to lockdowns. COVID-19 is already affecting tens of millions of informal workers. In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial.
In India, nearly 90 per cent of the people work in the informal economy and about 400 million of these are at risk. ILO said that particularly in low- and middle-income countries, hard-hit sectors have a high proportion of workers in informal employment and workers with limited access to health services and social protection.
Full or partial lockdown measures are now affecting almost 2.7 billion workers, representing around 81 per cent of the world’s workforce. employment contraction has already begun on a large (often unprecedented) scale in many countries. As of 1 April 2020, the ILO’s new global estimates indicate that working hours will decline by 6.7 per cent in the second quarter of 2020, which is equivalent to 195 million full-time workers.