Indians high in optimism, two thirds say worst is over, things will get better

Must Read

High-Speed Underground Tunnel Prototype introduced by Elon Musk

Tesla founder and CEO Elon Musk, in an attempt to ease urban traffic congestion, has unveiled a prototype of...

Google will now verify all of its advertisers on its platforms

San Francisco, April 23 (IANS) To provide greater transparency and equip users with more information about who is advertising...

India will soon become 3rd richest country globally: Mukesh Ambani

Reliance Industries Limited (RIL) chairman Mukesh Ambani on Tuesday said that India is on its way to become one...
Knowledge Stall Deskhttps://knowledgestall.com
At Knowledge Stall, we are going to quench the thirst of knowledge. We are going to try our level best in providing you the latest trending news about lifestyle, technology and other informative sectors

COVID India Updates Report: Patients in India rises to 114New Delhi, April 11 (IANS) Despite the Covid-19 crisis and the ensuing disruption of daily life, India remains a ‘High Optimism Index’ society with two thirds believing that the worst is over and now things will only get better, according to the IANS C-Voter Covid Tracker’s Index of Panic.

The number of people having no opinion in the last wave has sharply decreased and that drop has almost equally split between the low and high optimism people. The third tracker was conducted on April 4-6 with a sample size of 1,114 across all the states.

- Advertisement -

Yashwant Deshmukh, Founder-Director, C-Voter International, while giving his insights said that overall India remains a very High Optimism Index society: Almost two thirds of Indians remain high on optimism saying that the worst is over and it will get better from here onwards.

He said it is intriguing to observe the socio-economic patterns in this perception: Females are more optimist. The optimism also goes up with age, as the senior citizens of India are more confident that “we will sail through this crisis”.

Deshmukh said that it is heartening to see that low income groups, while being extremely low on resources, are high on their morale and spirit of “we shall overcome”. The optimism is lower in urban areas as compared to rural India.

On the Index of Preparedness, the question was, “How many days of ration/ medicine etc. or money for ration/medicine etc. is available for your family in your house?”

In the first week after the nationwide lockdown, a large number reported that they do not have enough to last three weeks. In the second week, however, Indian households had prepared better.

Though it remains a fact that a little more than 10 per cent Indians in the bottom of the pyramid still remain in the same category of either hand to mouth or just a day or two of ration with them, but the Indian middle class is reporting a stock of one week going up by several weeks to go through this lockdown period.

A 70:30 split of three weeks’ preparedness (or rather not having enough) has improved to roughly 60:40 and is in the upward direction. It would be interesting to see if in the third week of lockdown people arrange for more stocks in case the lockdown is extended, Deshmukh said.

There are fewer social and more economic patterns to this. Low income groups and low social strata are confirming that they don’t have enough to take care of their families, while the higher income groups have a much bigger buffer to take the shock.

The findings reveal that almost half of urban India is well stocked while only about one third of rural India says there is enough in terms of resources to survive this period.

On the region wise trends, the East India Zone is reporting high levels of anxiety on this front while the West Zone is showing the least, probably because of much larger per capita cash reserve than their counterparts in the East.

Deshmukh added that it is interesting to see that the senior citizens again happen to be the most well-stocked during this crisis, as in their routine they might have been planning better due to their age related issues.

Probably the life-long experience of dealing with crisis is coming handy. This is significant because from the health perspective, the 60-plus age group is most vulnerable in the corona crisis.

–IANS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

We succeeded in saving country from stage 3: Health Minister

New Delhi, April 25 (IANS) Union Health Minister Harsh Vardhan on Friday said we have saved India from going...

Dietary supplements important weapon for fighting off COVID-19

New York, April 25 (IANS) Supplements containing vitamins C and D and other micronutrients are a safe, effective and low-cost means of helping your...

Instagram launches in-app food delivery to support businesses

San Francisco, April 25 (IANS) Facebook-owned photo and video-sharing app Instagram has launched a new feature that allows food orders to be placed through...

India has so far gifted $5 million medical supplies to world to combat Covid-19

New Delhi, April 24 (IANS) India has gifted USD 5 million worth of medicines and other Covid-19 related supplies to the world so far...

India needs to incentivise charger manufacturing: Top industry body

New Delhi, April 24 (IANS) Smartphone chargers and Printed Circuit Board Assembly (PCBA) are two mobile components that could help India achieve its manufacturing...

No exponential rise in Covid-19 cases in country: Health Ministry

New Delhi, April 23 (IANS) The Centre said on Thursday that the rise in coronavirus cases in the country has been more or less...

Google will now verify all of its advertisers on its platforms

San Francisco, April 23 (IANS) To provide greater transparency and equip users with more information about who is advertising to them, Google on Thursday...

HP to provide free resources to students, educators in India

New Delhi, April 23 (IANS) PC and printer major HP Inc. on Wednesday announced its partnership with educational content provider Gamooz in India to...

Can Facebook become Amazon of the world with Reliance Jio?

New Delhi, April 23 (IANS) Mark Zuckerberg-run Facebook has interestingly chosen India to begin its global ecommerce journey with investing $5.7 billion (approx. Rs...

More Articles Like This