India’s staggering unemployment crisis | Scar of the pandemic deepens | The Probe Podumentary
India’s labour force is steadily shrinking. The pandemic has exacerbated the problem of joblessness, and data indicate that unemployment is one of the lasting scars of the pandemic. A recent report by the Centre for Monitoring Indian Economy (CMIE) revealed that in April alone India’s unemployment problem surged to 7.83 percent from 7.6 percent in March. The labour force shrunk by 3.8 million and stood at 428 million in March, which was the lowest in eight months. How long will this downward trajectory continue? Some say the current situation could last for a very long time.
Speakers:
Amit Basole
Head, Centre for Sustainable Employment
Dr Narayan Iyer
CEO, India Development Foundation
Manoj Kumar
Senior Economics Correspondent, Reuters News Agency
Raashi Aanand
Founder, Lakshyam
Santosh Mehrotra
Human Development Economist
Somsuvro Chatterjee
Chief Learning Officer, Anudip Foundation
Show us that you care for Independent Journalism. Support us by paying to keep Journalism free.
If you like this story and if you appreciate our Ad-Free Independent Journalism platform, show us your support by becoming our Member. Our Journalism can only sustain itself and survive if well-meaning people like you pay for news. Click here to become our Member.
A digital news platform that tells the stories that matter to people. We are committed to uncovering the truth because we believe that truth does not reveal itself.