CONTRACTUAL LABOUR AND COVID-19
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Abstract
The Covid-19 pandemic has affected approx. 2.84 million people around the globe directly and innumerable others indirectly. The virus has the potential to infect more than half of the world’s population and has already caused the death of around 2 lakh people.
The virus has impacted all spheres of peoples’ lives including their economic status. It led to a severe labour market shock disrupting the supply and demand chain worldwide, beginning largely in Asia in turn affecting the international supply and production chain. No business has been spared, the aviation industry, hospitality industry, big and small enterprises, are all facing challenges at this stage. Many businesses have suffered significant losses and insolvency having to let a number of their employees go. Sustainability of the functioning of businesses has been particularly difficult for Small and Medium Enterprise owners because of the uncertain travel bans, border closures and quarantine measures. A majority of workers are unable to commute to their places of employment or carry out their jobs, which has drastically affected their incomes, particularly for informal, daily-wage and casually employed workers.
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