SOCIAL AND PSYCHOLOGICAL EFFECTS ON DAILY WAGERS DUE TO INFLATION IN HYDERABAD.

JPUMHS;2025:15:01,71-78. http://doi.org/10.46536/jpumhs/2025/15.01.598

Abstract

BACKGROUND: Inflation has effected deeply all walks of life of people but the most
acutely effects daily wagers, who depend on everyday wage, experience social and financial
distress as their incomes lose their worth, causes them to experience greater stress, anxiety,
and depression. This research aims to offer a thorough evaluation of the difficulties
encountered by daily wagers during inflation by exploring the underlying financial variables,
societal contexts, and psychological wellness. OBJECTIVE: To identify the social and
psychological effects on daily wagers due to inflation. ETHODOLOGY: The descriptive
cross sectional study was conducted among 422 daily wagers both male and female aged 19
60 years old in Hyderabad city, using 11-self-administered questionnaires for social effects
and 21-items depression, anxiety and stress scale for psychological effects. The outcome
variables were effects on earning, paying for basic necessities, family’s lifestyle, social life,
saving money and depression, anxiety, stress. Statistical analyses were conducted to analyze
the data. RESULTS: Depression, anxiety and stress were found 43.4%, 76.3% and 83.9%
among daily wagers respectively. The study participants were reported to be effected on daily
earning 84.6%, effected on paying basic necessities 88.4%, effected on social lives 83.2% and
effected on saving money 84.6% respectively. CONCLUSION: This study has brought into
light that inflation is one of the sticking points in the current situation that having an impact
on individuals' daily earnings, paying necessities, social lives, saving money and their level
of depression, anxiety, and stress.