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How Apna co is helping in improving the job scenario to pre-COVID-19 times
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It All Comes Down To Boosting Consumer Demand
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NEW DELHI – The number of people employed fell to 375.45 million in May from 390.79 million in April, according to the Centre for Monitoring Indian Economy (CMIE).
At least 15.33 million Indians lost their jobs in May, erasing gains achieved since July 2020, a situation that may adversely affect consumer spending and economic revival.
The number of people employed fell to 375.45 million in May from 390.79 million in April, according to the Centre for Monitoring Indian Economy (CMIE). In April and May, the number of people employed in salaried and non-salaried jobs fell by almost 23 million as the second wave of the pandemic infected millions of Indians, and states imposed lockdowns to stem the spread of the virus.
India’s already-stressed rural economy is getting battered by the second wave of Covid-19
Economists point to signs of a growing crisis and call for urgent relief measures to ward off long-term damage.
Ramesh Ram, 31, is listed as a textile industry staff worker in the administration’s
database of migrant workers in southwest Bihar’s Kaimur district. But for the last three years, Ram has worked as a contract labourer among the tens of thousands employed at the Alang ship-breaking and recycling yard in Gujarat, making enough to get by.
Today, Ram is back in his village, with no work, no capital to till his small parcel of land and living in penury with his family of six, which includes three young daughters aged six years, eight years and 10 years.
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