Economics

World’s Biggest Lockdown to Push 12 Million Into Extreme Poverty in India

  • Hundreds of millions of the poorest have lost their jobs
  • Government’s financial package unlikely to ease distress soon
Photographer: Prashanth Vishwanathan/Bloomberg
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Abdul Kareem was forced out of school and into a life of odd jobs like repairing bicycles before he finally managed to pull his family out of abject poverty transporting goods across the Indian capital in a mini truck.

The job, and the slim financial security that came with it, was the first stepping stone to a better life.