write an article on finical condition of private institution and their workers during lockdown.
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Answer:BUSINESSECONOMYLABOURRIGHTS
09/MAY/2020
Labour Day is typically meant to highlight the protection of worker rights. This year, it came at a time when labourers are struggling to survive and their rights need protection more than ever. The heart-rending death of 16 workers who were sleeping on rail tracks, exhausted during their 700 km walk to home highlights the plight of workers today.
In the US, more than 33 million people have lost their jobs in the past 7 weeks. This is already more than the loss in employment seen in the two years of the global financial crisis.
Back home, where workers have little social security, CMIE data suggests that more than a hundred million workers have lost employment, a vast majority from the unorganised sector. The figure is likely to be even larger given that it would be difficult to capture the employment status of the migrating workers.
Workers are desperate. Not only have they lost their meagre income, but now their only options are to risk contracting COVID-19 or facing starvation. So, many of them set out to walk hundreds if not thousands of kilometres to return to their villages, carrying their few belongings, children on their shoulders and no food in their bellies. Some have already perished on the way. In Karnataka, they were not even being allowed to go back home, in a controversy that sparked allegations of bonded labour, forcing the government to quickly take a U-turn.
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