India's Jobless Rate Jumped to 27.1%, Think Tank Says

The video discusses the severe job losses in India due to the lockdown, highlighting the challenges faced by different sectors, particularly salaried employees and business owners. It emphasizes the crisis of unemployment and underemployment, with a significant portion of the population in dire situations. The discussion covers the government's delayed response and the need for effective economic measures to mitigate hardships. The economic outlook for 2021 is bleak, with predictions of contraction. Strategies for recovery include boosting demand by putting money in people's hands. The video also touches on the potential benefits of the oil price collapse for the economy.

What is the significance of the term 'disguised unemployment' as used in the text?

What measures does the text suggest the government should take to mitigate the crisis?

What does the text suggest is necessary to kickstart the economy?