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Job creation and boosting entrepreneurial activity in rural areas must be top priorities in the first post-COV

Share on The economic crisis unleashed by the COVID-19 pandemic has impacted the entire world. For an economy like India where fast pace of growth is critical to its poverty alleviation and human development goals, a recessionary phase has been a major setback. Despite all sectors opening up and the economy resuming post lockdown, unemployment continues to be a major concern. According to the latest data from the Centre for Monitoring Indian Economy (CMIE), the national unemployment rate was at a six month high of 9.06 percent. On the other hand, the rural unemployment rate was also pegged at a high of 9.15 percent.

Budget 2021 Countdown: Managing Covid-19 s Real Stress–unemployment

Spike in search for placement consultancies and job training : study

Spike in search for ‘placement consultancies’ and ‘job training’: study January 25, 2021 Sulekha.com findings reflect unemployment scenario and the need for employees to upskill themselves ‘Placement consultancies’, ‘Job Training’ and ‘Entrance Exam Coaching’ are the top three education-related service categories that have seen a spike in online searches, according to a recent study conducted by AI-driven tech platform Sulekha.com The spike in search for placement consultancies and job training reflects the massive unemployment scenario in the country and the increasing need for job seekers and employees to upskill themselves to stay relevant in the narrowing job market. “According to CMIE (Centre for Monitoring Indian Economy), India’s unemployed count in December rose to 38.7 million. This data is consistent with the education-related service categories that have witnessed an increase in the month of December i.e. placement consultancies and job train

Budget 2021 Reckoner: All Eyes On Private Sector To Drive Growth

With the government finances weaker in the pandemic, the responsibility to revive growth will shift to the private sector. FM Sitharaman will, however, need to provide relief to individuals to encourage spending.

Record profits to companies in the coronary period; But now the condition worsens, middle class pocket can be replenished | कोरोना के दौर में कंपनियों को हुआ रिकॉर्ड मुनाफा; लेकिन अब हालत बिगड़ी, मिडिल क्लास की कमाई से पैसे काटकर हो सकती भरपाई

Record profits to companies in the coronary period; But now the condition worsens, middle class pocket can be replenished | कोरोना के दौर में कंपनियों को हुआ रिकॉर्ड मुनाफा; लेकिन अब हालत बिगड़ी, मिडिल क्लास की कमाई से पैसे काटकर हो सकती भरपाई
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