The Battle of Unemployment in India – Fighting Beyond the Pandemic

Abstract

The employment scenario all across the world has been significantly impacted due to the COVID-19 crisis. The second wave of the Covid-19 outbreak has wreaked havoc on India's economy. Despite the fact that the second wave looks to have caused less economic harm than the first, key growth metrics suggest otherwise. The main aim of this research study is to analyze and assess the depth of this impact on India and find out possible ways which can help the Government to successfully revive the economy from this downturn of employment. A number of factors like the structure of the economy, severity of the impact of the pandemic, the employer-employee contract among various other factors play a great role in influencing the response of the labour market to the pandemic situation. It is not a concealed truth as to how COVID-19 has handicapped the world labour market and governments across the globe are battling to reduce its impact. With the help of this research study, it is possible to understand the unemployment situation of the Indian economy and tackle it with an appropriate approach.