KARACHI (HRNW)- A recent report by the United Nations Development Programme (UNDP) has revealed that the ongoing Gulf crisis and regional tensions have placed the Indian economy under immense strain, leading to a catastrophic forecast for the country’s poverty levels.
Key Findings from the Report:
-
Surge in Poverty: The report warns that the current instability will push an additional 2.5 million people in India into poverty. This surge is expected to bring the total number of Indians living in poverty to approximately 354 million.
-
Food Security Crisis: Experts have warned that if the situation persists, the Kharif (monsoon) crop cycle will be severely disrupted, potentially triggering a widespread food security crisis across the country.
-
Mass Unemployment Risk: The UNDP highlights that business activities in India are being heavily impacted, with nearly 90% of jobs currently facing varying degrees of risk due to the economic downturn.
Economic Fallout:
The instability in the Gulf region has not only disrupted India’s energy supply chains but has also led to a decline in remittances from the millions of Indian expatriates working in the region. The combination of stalled trade and internal economic instability has raised serious concerns regarding social protection and financial resilience in India.
Become a part of our mission to promote human rights and public awareness. Your support enables us to be a voice for the oppressed. Please contribute your donations through this link: https://www.hrnww.com/?page_id=1083
