.

Impact most likely to be felt in white and blue-collar tasks.

Indian tourism and hospitality sector, which is terribly hit by COVID-19, is staring at a potential job loss of around 38 million, which is around 70%of the overall labor force, leading accounting and audit firm KPMG says.

The tourist and air travel sector has actually been the first market to be struck.

Questions of survival

The sector deals with questions around its very survival and numerous believe this crisis is a higher threat than the earlier ones such as 9/11 and the financial crisis of 2008-09, the KPMG explained in a report “Potential effect of COVID-19 on the Indian economy.” The hotel, aviation and travel sector together may incur a loss of ab