More than 80% Indian households lost income during lockdown, says study

The findings are in line with previous data from the CMIE and others, which showed that more than 100 million Indians have lost their jobs since March 25

About 84 per cent of Indian households saw their incomes fall last month under the world’s strictest shelter-at-home rules, and many won’t survive much longer without assistance, a study shows.

The Chicago Booth’s Rustandy Center for Social Sector Innovation analysed data from the Center for Monitoring Indian Economy, collected through surveys covering about 5,800 homes across 27 Indian states in April. The researchers found that rural areas were hit the hardest and the spread of the coronavirus had little to do with the economic misery.

“Rather, income per capita before the lockdown, lockdown severity, and the effectiveness of the delivery of aid