New Delhi: The World Bank has also forecast that India’s growth will be severely affected by the corona epidemic. India had earlier projected a 3.2 per cent slowdown in growth. But given the way the situation is going, India’s economy will fall even lower than expected, the World Bank said. India’s fiscal deficit will increase to 7.6 percent during this period. Year-round, it is above 5.5 percent. The government has set a target of limiting the fiscal deficit to 3.5 percent. It will not be possible to achieve that goal.
It is not possible for them to keep. So people in that category are more likely to become infected with coronary heart disease. On the one hand, the poor have lost their livelihoods, while on the other hand, their purchasing power has been declining as the prices of various commodities have gone up. Poor people and migrant workers living in urban areas will be deprived of government benefits. Because none of the six types of social security schemes in place in the country are portable. This means that only people who live permanently are benefiting from the scheme. Migrant workers, however, travel from one city to another throughout the year in search of work. So the government social security scheme is not reaching them, the World Bank said. The World Bank has reminded that most of the beneficiaries of the Prime Minister’s Poor Welfare Scheme, the Prime Minister’s Ujjwala Yojana, MNREGA, PM Kisan, the National Social Assistance Program and the Public Distribution System (PDS4) are from rural areas.
