Tuesday, 5 July, 2022
TopicCMIE

Topic: CMIE

India urgently needs Right to Work. We are in a Great Depression in slow motion

According to CMIE data, 6 crore Indians have stopped looking for work because they see no opportunity on the horizon. It’s bad news.

Consumer sentiment declines in November for the first time since May, CMIE data reveals

According to CMIE's survey, the Index of Consumer Sentiments dropped from 52.5 in October to 51.8 in November due to fall in incomes and loss of jobs.

Indian households remain under duress with income still below pre-Covid levels — study

The research paper, posted on the Chicago Booth website, raises doubts on whether India is seeing a V-shaped recovery.

Investor sentiment still low. But green shoots in bank loans, GST collections, power usage

Double-digit growth seems optimistic. Modi govt needs to more than double its expenditure to compensate for the losses and avert GDP decline. It's fanciful at best.

India added 7 crore jobs in June — mostly daily wagers, farmers and small businesses

About 12 crore jobs were lost due to the lockdown in April, but things are gradually improving. However, only 39 lakh new salaried jobs have been created.

This recession is different & India can bounce back much faster than in the past

The recession this time isn’t driven by inherent weakness in economies or factors like oil shocks. It’s also synchronous. This could quicken India’s recovery.

Unemployment in March highest since September 2016, CMIE data shows fallout of Covid-19

Nationwide lockdown sees record fall in employment and labour force participation as economic activity comes to a halt.

Why Indians aren’t protesting against rising unemployment

People protest when they think it will achieve something. The Indian economy is in such a bad shape that they have given up.

Critical data on India’s higher education is out but only Modi has hijacked headlines

When you put the reports by HRD ministry and CMIE survey together, you are looking at a simmering volcano.

NSSO surveys to CMIE data: How India’s 4 major jobs reports are prepared

ThePrint takes a look at the criteria and frequency of various employment surveys in India.

On Camera

YourTurn

Police in Prayagraj, UP | ANI Photo

India has 71 towns, cities under Police Commissionerate. It just creates hierarchy

There is a need to re-examine not just the 1861 Police Act, but also the colonial practice of four-stage recruitment and the non-involvement of city governments in law and order.
Illustration by Soham Sen

Keep calm and carry on: Unlike wheat, rice isn’t hot yet

The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.

Defence

Indian Naval Air Squadron INAS 324 commissioned at Visakhapatnam | Twitter | @PBNS_India

India’s Eastern Seaboard gets its first naval air squadron INAS 324

With INAS 324, the Indian Navy's Eastern Seaboard will now operate a naval air squadron with HAL’s indigenously built Advanced Light Helicopter.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
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