Manufacturing employment nearly half of what it was five years ago

With the second wave of the coronavirus pandemic battering India at current, the Indian economic outlook appears to be bleak for the second 12 months in a row. In 2020-21, India’s real GDP growth is estimated to be minus 8 per cent. This would also place pressure on India’s work numbers. In prior bulletins, we have analysed the influence of Covid-19 pandemic on work, particular person and family incomes and expenses in 2020.

In this CEDA-CMIE Bulletin, we attempt to take a for a longer time-phrase see of sector-intelligent work in India. We base this on CMIE’s every month time-series of work by business going back again to the 12 months 2016. For this bulletin, we have centered on 7 sectors – agriculture, mines, producing, real estate and building, fiscal providers, non-fiscal providers, and public administrative providers. These sectors make up for ninety nine per cent of total work in

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