Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Indians fearful yet hopeful of economic normalcy

IANS
Updated: May 17th, 2020, 09:02 IST
in Business, Coronavirus
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

A nationwide IANS-C-Voter survey shows losses in jobs and incomes across the board along with rising concerns over possible job losses. But there seems to be hope too.

There has never been any doubt since March 25, 2020, ever since the lockdown came into effect in India to fight the Covid-19 pandemic, that the economic well-being of many Indians will be adversely affected, while many families could also face economic devastation.

Also Read

Fraud Risk

RBI asks banks to use DoT tool to curb cyber fraud

7 hours ago
Congress

‘Debt of achche din’: Congress slams govt over rise in per capita debt of individual borrowers

8 hours ago

A nationwide C-Voter tracking survey conducted since then makes it very clear that Indians are very fearful of not only their health, but also their economic security. And yet, as always, there is this ‘never give up’ spirit that makes the same Indians hopeful of a better future once this nightmare comes to an end.

Let’s first dispense with how Indians are looking at their health in the aftermath of the pandemic. At an all-India level, two out of every three Indians said that they were taking more care of their health. This increased concern for health was visible across gender, age, education and income groups as well as ethnic identities.

There were just two outliers here. The first were Indians above 60 of whom less than half were taking more care of their health. The other outlier was southern India, where 58.7 per cent answered in the affirmative.

But it is their daily economic life that raises big concerns. When asked about their employment status, one in four across the country said that they were completely out of work; or that they had lost their jobs or means of income.

Another one in 10 said that they were on leave without any pay. In effect, more than one third of Indians at the moment seem to have no work, job or income. About 6 per cent admitted that they were working from home with a salary cut, while one in 10 claimed they were working from home without any pay cut.

The stark difference between citizens privileged with better education and income and those less privileged has been laid cruelly bare by the responses to the survey.

Just about 6 per cent of Indians with low levels of education said they were working from home with full pay. The corresponding figure for Indians with high levels of education was almost 25 per cent.

In the case of low education groups, more than 27 per cent were completely out of work, while just over 14 per cent of high education groups were jobless.

Ironically, double the number of high education citizens was working with a pay cut compared to low education groups. That’s because many more low income Indians had lost their jobs. This is a cruel blow because families with higher education levels usually have higher incomes and a larger pool of savings to fall back upon.

Among the actual job holders in a family, the answers were equally depressing. At an all-India level, 43.4 per cent said there has been no loss in income “so far”, while 23.8 per cent reported lower incomes and 32.7 per cent reported a complete loss of income because they had lost jobs.

More than 38 per cent of Indians with low education had lost all income, while the corresponding figure for citizens with high education was about 17 per cent. Similarly, 36 per cent of low income Indians reported job losses while the corresponding figure for high income citizens was 21.5 per cent.

How concerned are Indians who still have jobs about losing them? Among job holders across India, the figure was close to 70 per cent.

The C-Voter survey makes it very clear that the Covid-19 pandemic is hurting Indians economically, some of them very badly. But hope seems to springing for ‘never say die’ Indians.

When asked about their hopes that life and things will get back to normal “after the outbreak is over”, 57 per cent Indians sounded “very hopeful”, while 26.8 per cent were “somewhat hopeful”. Only 6 per cent were “not at all hopeful”.

This sense of hope and confidence has been seen in Indians across the board and among all categories. Not surprisingly, the category of ‘most hopeful’ Indians was the highly educated ones with two thirds being very hopeful.

You could say that when it comes to their economic well-being, Indians are down, but definitely not out.

All CVoter trackers are always all-India, covering all the states in 11 languages. The base tracking sample is 3,000 plus.

(IANS)

Tags: CoronavirusCOVID-19EconomyJob lossLockdown
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019

Archives

Editorial

Hungary Lessons

Hungary
July 2, 2025

Revolting against oppression and seeking freedom is ingrained in human nature, something that a repressive regime finds out sooner or...

Read more

New Democratic Face

Zohran Mamdani
July 1, 2025

US President Donald Trump, who had comfortably defeated his Democratic rival Kamala Harris in the recent presidential election and exuded...

Read more

Proof To Vote

Vote
June 30, 2025

Months ahead of the Assembly polls in Bihar, the Election Commission of India (ECI) on 28 June launched a ‘special...

Read more

Genesis of Jana Sangh

AAKAR PATEL
June 29, 2025

We marked the 50th anniversary of the Emergency a few days ago. Another anniversary, this time the 75th, went relatively...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST