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6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report

Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent

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The report calls on governments in the region to adopt urgent, large-scale and targeted measures to generate jobs for the youth

2 min read Last Updated : Aug 19 2020 | 1:23 AM IST

As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by Asian Development Bank (ADB) and International Labour Organisation (ILO).

India will be followed by Pakisan, which will see 2.3 million youth losing jobs, said the report, titled 'Tackling the Covid-19 youth employment crisis in Asia and the Pacific', released on Tuesday.

Overall, 14.8 million younsters will suffer job cuts in 13 countries in the region.