Published On Apr 16, 2021
While we are finally taking Corona seriously as a medical crisis (maybe not the Govt) - there is a deep wound that #COVID19 it is causing to the Middle Class - for the first time since 1990 the middle class has SHRUNK globally and India's poor have doubled! - this as the rich become richer and the poor become poorer.... :(
With the Govt doing little on this front - it will be citizens who will have to buckle up for this bumpy ride....for the poor the recovery will be long and hard.
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This episode is based on shocking data analysis by Oxfam and Pew Research.
Read Vivek Kaul's in-depth article on the same -
https://vivekkaul.com/2021/04/15/matt...
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Chapter Heads :
00:00 : Corona : A financial Crisis
02:36 : Rich getting richer
04:29 : Middle Class Crushed
07:47 : Long road to recovery
09:30 : 2nd Wave - It’s not over
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REFERENCE :
https://theprint.in/economy/despite-c...
https://www.aljazeera.com/economy/202...
https://www.business-standard.com/art...
https://www.bbc.com/news/world-asia-5...
https://theprint.in/india/covid-shrun...
https://www.livemint.com/news/india/i...
https://www.pewresearch.org/fact-tank...
https://www.indiatoday.in/business/st...