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Showing posts from June 27, 2020

Lockdown and it’s impact on our lives !

Lockdown has brought a sudden change in our lives and lifestyles. Let’s broadly divide the lower and middle class into the below categories 1. Fixed income group 2. Daily wager group 3. Small enterprises The impact on each of these categories has been different but heavy in their own way! 1. Fixed income group includes the normal office goers, house helps and other help staff in societies as well as offices, it’s pertinent to assume that most of these have not yet been affected in monetary aspects yet due to lockdown, yes some are facing impending income reductions which are yet to hit them ! But once it hits them it will be a chain reaction! People with jobs light lose their jobs or get deduction in pay which will result in them being unable to pay for their house helps anymore thereby putting the whole section   below them at a risk. We can however agree that this has not yet started ! 2. Daily wager group: this is one of the most severely affected group! This cat...