CMIE Current Affairs, GK & News

Poverty and Shared Prosperity Report 2022

The World Bank’s report titled “Poverty and Shared Prosperity 2022: Correcting Course” provides the first comprehensive assessment of the COVID-19 pandemic’s impact on poverty in developing countries. Key findings The report projected that the world is unlikely to end the extreme poverty by 2030 because of the economic shocks caused by the COVID-19 pandemic and ..

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State of employment in India

According to the latest data from the Centre for Monitoring Indian Economy (CMIE), India’s labor force participation rate (LFPR) has fallen to 40% from 47% in 2016. What is the labor force? According to the Centre for Monitoring Indian Economy (CMIE), the labor force consists of persons who are of age 15 years or older, ..

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India’s Unemployment Rate in January 2022

The Centre for Monitoring Indian Economy recently released the unemployment report. According to the report, the unemployment in India was at 6.57% in January 2022. This is the lowest since March 2021. The improvement comes as the lock down restrictions was eased in the country. Unemployment rate in January 2022 The unemployment in the urban ..

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Chhattisgarh Rojgar Mission

The Chhattisgarh Government is to launch an employment mission called the Rojgar Mission. The mission aims to create 15 lakh job opportunities in the state in the next five years. Key Features The mission will leverage experts from IITs, IIITs, IIMs. It is to be headed by the Chief Minister of the state. The others ..

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India’s Unemployment rate – Recent Trends

The Centre for Monitoring Indian Economy (CMIE) recently released the unemployment status report of India for the month of December, 2021. According to the report, the unemployment rate in the country was 7.91% in December. It was 7% in November. Highest Unemployment Rates Highest unemployment rate was reported in Haryana. Around 34.1% were unemployed in ..

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Global Economic Prospects Report

The World Bank recently released the Global Economic Prospects report. What are the key findings of the Global Economic Prospects report? According to the report the Indian economy is to contract by 9.6% in 2020-21.  The Indian economy is to recover 5.4 percent in 2021-22.  The contraction in Indian economy will be mainly due to ..

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