Ravi Verma, hired by an electrical parts manufacturing firm early last year as India’s economy surged, was fired in November when the company lost several export orders. He has since remained unemployed, unable to pay back a 100,000 rupee ($1,224) loan he took to buy a two-wheeler scooter. Verma is among thousands of Indian workers who lost jobs as the global slowdown hit exports, while the re-entry of nearly 20 million workers into the job market after the pandemic has aggravated the problem.
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