Covid will drive 18 mln Indians to change occupation by 2030: McKinsey report
by Nidhi Bhati
As many as 18 million Indian workers will be forced to switch to a new occupation by 2030 owing to the lasting impact of the ongoing Covid-19 pandemic, the McKinsey Global Institute stated in a report. The long-term effects of the virus may cut low-wage jobs available, which previously served as a safety net for displaced workers. The report further highlighted that in India, the share of total work hours expended using physical and manual skills will decline by 2.2 percentage points, while time devoted to technological skills will rise by 3.3 percentage points.