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