Guaranteed income support could have saved millions hit by COVID-19 pandemic

Guaranteed income support could have saved millions hit by COVID-19 pandemic

Since the start of COVID-19, the pandemic has seriously impacted at least 60 per cent people from the bottom on the scale of income in every country. Only a little more spending would have prevented millions of them from falling into poverty and great human tragedies, but it was not to be.

A look at the spending by governments the world over on social protection from March 2020 to mid-May 2021 reveals a distressing sign in South Asia, with the largest number and percentage of people having suffered in India.

The estimates also reveal that most of the increase in the […]

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