The current phase of corona pandemic induced lockdown has seen the reverse migration in favour of safety and physiological needs. This migration is basically related to unskilled and semi-skilled workforce, which has acquired experience, skill and entrepreneurship over a period of time.
Uttar Pradesh has projected such reverse migration close to fifty lack workforce, which has created immediate challenges in the form of logistic management, quarantine and medical facilities coupled with arrangement for food grains and direct benefit cash transfer. This phase on challenge is getting normalised with each passing day except on the front of rising cases of corona infection though its pace has been reduced despite increased daily corona infection medical tests. This reverse migration has adversely impacted their employment opportunities and income levels in the existing economic framework.
Despite all these immediate concerns, this work force has brought with it the reservoir of experience, skill and entrepreneurship, which can be commercially exploited for economic development of the state and the country. During the last three years, various infrastructural and developmental projects have been launched in Uttar Pradesh for faster economic development, which can be grouped in four categories: I - Irrigation Projects
II - Expressway Projects
III - Defence Industrial Corridor Project
IV - One District One Product Project
V - Aspirational Districts
VI - Atma Nirbhar Bharat Abhiyan
I - Irrigation Project:
This story is from the August 2020 edition of BANKING FINANCE.
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This story is from the August 2020 edition of BANKING FINANCE.
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