COVID-19 impact on household income in India 2020
Household income in India was drastically impacted due to the coronavirus (COVID-19) lockdown as of April 12, 2020. There was a significant decrease in the level of income with households reporting a fall in income from about nine percent in late February to a whopping 45.7 percent in mid April. Rise in income saw a contrasting trend indicating similar results; from 31 percent in late February to 10.6 percent on April 12, 2020.
The country went into lockdown on March 25, 2020, the largest in the world, restricting 1.3 billion people, extended until May 3, 2020. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
The country went into lockdown on March 25, 2020, the largest in the world, restricting 1.3 billion people, extended until May 3, 2020. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
