Grameen Foundation India

The economic impact of COVID-19 in India has been devastating and has disproportionately affected low-income migrant households. It has brought the lack of social security and risk-mitigating strategies with such households to light, and in this context, it is important to understand the changes in financial decision making, resource allocation, and financial priorities of such migrant households. With this study, the researchers aim to present a snapshot of the current household portfolio of migrant households and discern the impact that COVID-19 has on it, along with exploring the possible shifts in resource allocation priorities, household goals, and risk mitigation strategies. It will also gather the migrant households’ response to Unconditional Cash Transfers.

The aim of the study is to generate insights to inform future policymaking and programming strategies for improving the financial resilience of migrant households in catastrophic situations.