India’s tourism sector alone is expected to shed 38 million jobs this year. Economists warn the government is not doing enough to save the economy.
The finance minister launched the Aatmanirbhar Bharat Rozgar Yojana, which she said was to incentivise new employment opportunities in the country.
The East Asian giant is set to be the only G20 country to have a growing economy this year.
Millions of people are being pushed into poverty by Covid-19, but that hasn't stopped the wealthiest people in the world raking it in.
"Politics of division is an antithesis of what needs to be done. Modi has tried to divide your country, " the economist said.
Some of the most biting commentary on major news events in recent times has comes from India's political cartoonists.
Indigenous groups have condemned the proposal, slamming it as showing "total disregard" for their rights.
The economic contraction and health crises have affected everything from education to jobs, presenting Chief Ministers such as Jagan with an unprecedented challenge.
The numbers will likely get worse once there are estimates of the damage in the informal sector, Rajan said.
Economists had predicted a huge shrink even as the GDP growth had slowed down to 3.1% in January-March quarter.