3 CRORE Indians pushed out of Middle Class!! | The Corona Story | Deshbhakt with Akash Banerjee

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While we are finally taking Corona seriously as a medical crisis
- 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.  





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/matthew-effect-of-covid-pandemic-rich-got-richer-and-poor-got-poorer/ 





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Chapter Heads :


Corona : A financial Crisis


Rich getting richer


Middle Class Crushed


Long road to recovery


2nd Wave - It’s not over





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Credits :


Writer : Akash


Editor: Shivam Sharma


Producer : Avishrant Singh





REFERENCE :


https://theprint.in/economy/despite-covid-india-adds-38-billionaires-in-2021-ambani-adani-retain-top-2-spots/636531/





https://www.aljazeera.com/economy/2021/1/25/covid-19-worsened-global-inequality-even-as-the-rich-bounced-back





https://www.business-standard.com/article/current-affairs/indian-billionaires-saw-there-wealth-go-up-by-12-97-trillon-during-covid-19-121012500423_1.html





https://www.bbc.com/news/world-asia-56659615?fbclid=IwAR0W-Rt8EHtoJpBKFxILXZAdoMxoDTQevpqk_OghrHi8Eqkdl3qcfAC9j14





https://theprint.in/india/covid-shrunk-indias-middle-class-by-32-million-pushed-75-million-into-poverty-in-2020-pew/624544/





https://www.livemint.com/news/india/indias-middle-class-may-have-shrunk-by-32-mn-in-2020-due-to-recession-report-11616077697955.html





https://www.pewresearch.org/fact-tank/2021/03/18/in-the-pandemic-indias-middle-class-shrinks-and-poverty-spreads-while-china-sees-smaller-changes/





https://www.indiatoday.in/business/story/your-salaries-remain-stagnant-but-companies-are-making-a-fortune-amid-pandemic-1748674-2020-12-11