About 13 per cent people have become unemployed in the country due to Covid-19 pandemic, according to a survey of Bangladesh Institute of Development Studies (BIDS). The survey titled “Coping with COVID -19 and Individual Responses: Findings from a Large Online Survey” was conducted on 30,000 people covering all divisions and districts.
Bangladesh Institute of Development Studies at a virtual seminar on Wednesday estimated that about 1.64 crore people already became new poor in the country due the ongoing COVID-19 pendemic. Due to the shutdown induced by COVID-19, the number of new poor increased by at least 9 percentage points to 29.4 per cent from 20 per cent, BIDS researcher Binayak Sen said in his paper on ‘Poverty in the Time of Corona: Short-term Effects and Policy Responses’.
The survey, conducted by the Bangladesh Institute of Development Studies (BIDS), also said that about 13 percent people have become unemployed in the country due to the Covid-19 situation. According to the surveys, domestic conflict increased during the Covid-19 lockdown.
BIDS CC 2020 this year took the shape of a webinar and was held on 24 June 2020. BIDS researchers highlighted their work focusing on three core areas of covid impact, namely effect on unemployment, especially in the SME/MSME sector
A research paper titled “Poverty in the time of Corona: Short-term Effects of Economic Slowdown and Policy Responses through Social Protection”, conducted by Binayak Sen, Research Director of Bangladesh Institute of Development Studies (BIDS), estimated the figure.
