(Archana Chaudhary is a reporter at Bloomberg. This piece first appeared on Bloomberg.com on July 14.)
Loss of work due to the Covid-induced lockdowns in the country has pushed many people into economic turmoil. As India’s economy shrunk by 7.3% last year, the daily average wage for about 230 million Indians — enough to make the world’s fifth-largest nation — dropped below the 375-rupee ($5) threshold, according to a study by the Azim Premji University in Bangalore…
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