New Delhi: The coronavirus cases continue to increase throughout the country. Every day, due to this virus, people are dying. The pandemic is increasing across the country. And every day the number of cases are increasing.
The income of the common man was affected due to the stagnation of economic activities due to Corona. According to the SBI, this year the entire country will see a decrease of Rs 27 thousand in per capita average income. In states like Tamil Nadu, Gujarat, Telangana, Delhi, Haryana, Goa, its impact will be more and the average per capita income can be reduced to 40 thousand rupees.
The government data on inflation has been questioned. According to this, the old mathematical formula of National Sample Survey (NSO) could not estimate the rate of inflation due to lockdown. It also added the price of those items which people did not use during the lockdown. People continued to spend on the essential things of food and drink, the cost of which was meanwhile high. For this, SBI has prepared a new index of retail inflation linked to Covid. According to this index, the rate of retail inflation in July was percent, not 6.9 percent, as shown in the data of NSO. This rate of inflation coupled with falling income during the pandemic forced the common man to remain confined to the basic needs.
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