The abiding lesson of 2020 is that a nation will suffer if there is a decline in three measures — work, wealth and welfare. Work: Ultimately, it is work that distinguishes one human from another. At the other end, there are millions who need to work, but cannot find work; they are the unemployed. Welfare: A combination of unemployment and slow (or negative) growth will impact welfare. In sum, Work, Wealth and Welfare suffered in 2020, making it a forgettable year.

Source: Indian Express December 26, 2020 19:52 UTC