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HIV Epidemic Can Slow Down Economic Growth: UNDP

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"Under the impact of AIDS, poverty will inevitably increase since the real wages for unskilled labour will fall the most among the three labour groups - skilled, semi-skilled and unskilled."

The epidemic hits the sectors that used unskilled labour intensively harder, the study notes, with the tourism sub-sector of the services sector suffering the highest loss in value-added - 18.31 percent - by 2015-16.

Within industry, five segments have been identified as particularly vulnerable: construction, chemicals, mining and quarrying, capital goods and textiles.

The manufacturing sector comes second with a 12.48 percent fall in value-added, followed by the services sector, which will lose 10.13 percent in value-added. Agriculture is affected to the extent of 9.08 percentage points in value-added.

(Source: IANS)
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