Page-2 of CMIE
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 ..
Month: Current Affairs - January, 2021
CMIE: Unemployment rate climbs to 27.1%
On May 5, 2020, the Centre for Monitoring of Indian Economy released unemployment data. According to the data, 121.5 million are without works. Highlights The data says that 91,3 million daily wage labourers were out of their jobs due to ..
Month: Current Affairs - May, 2020
Unemployment Rate in India has increased to 23% due to Lock Down
The Centre for Monitoring Indian Economy (CMIE) recently released a survey on the current unemployment situation in India. According to the survey, more than 20% of Indian Economy has lost their jobs since the lock down. Highlights The report said ..
Month: Current Affairs - April, 2020
Ex-CEA’s claim on GDP refuted by the PM s Economic Advisory Council
The Prime Minister s Economic Advisory Council (EAC) has refuted the assertion by the former chief economic advisor (CEA) Arvind Subramanian that India s GDP was overestimated between FY12 and FY17. Arvind Subramanian s Assertion His assertion was that India ..
Examining the Government Data on Job Creation
The Prime Minister while addressing the Lok Sabha made the following claims about the creation: New jobs were created in the unorganised sector, which accounts for 80-85 per cent employment. PM cited an increase in the sale of commercial vehicles, ..