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Tag: covid19

India’s second wave of pandemic virus makes 7 million people jobless

India’s unemployment rate rose to nearly 8% in April, a four-month high according to data from Centre for Monitoring Indian Economy Pvt.(CMI), a private research firm. The possibility of Indias economy recovering is unlikely due to the catastrophic effect of a second wave of the covid 19 pandemic. State administrations are extending curfews and lockdowns to try to curb a record surge in virus cases.

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