Pandemic relapse hits India’s middle class – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

Pandemic relapse hits India’s middle class – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

Decades of progress in alleviating poverty imperiled: experts

NEW DELHI, June 13, (AP) Ram Babu moved from his village to the Indian capital New Delhi in 1980, to clean cars. Soon, he learned to drive and got a job as a tour bus driver. Decades later, he set up his own company, Madhubani Tours and Travels. In March 2020, a stringent nationwide lockdown to fight the coronavirus pandemic froze economic activity overnight. Babu's business collapsed, and he drove his family back to their village. “Since March last year, we haven't earned a single rupee,” he said. “All of my three buses are standing still for more than a year. We are completely broken.” India's economy was on the cusp of recovery from the first pandemic shock when a new wave of infections swept the country, infecting millions, killing hundreds of thousands and forcing many people to stay home. Cases are now tapering off, but prospects for many Indians are drastically worse as salaried jobs vanish, incomes shrink and inequality is rising.