Photo: The Indian Express
Micro & Small Firms To Create 10.3M Jobs In Next Five Years, Says Report
A recent study by Azim Premji University, TISS and FICCI extrapolated that Micro and Small Enterprises can create 10.3 Million jobs in five years. The study suggested to create an Udyog Sahayak Enterprises Network (USENET) that will connect MSEs facilitating ease of doing business. Digitization, formalisation, availing of government loans and subsidies to be done through USENET, the joint proposal expects adding over 2-lakh crore in five… read-more
Tags: INFORMAL JOBS, Economy, business, MSEs, USENET, FICCI, Employment
Courtesy: The New Indian Express
Photo: Twitter / CMIE
Latest Data on New Unemployment Rate is Shocking; 2 Crore Jobs Lost Since April
According to Centre for Monitoring Indian Economy (CMIE), a total of two crore people are estimated to have lost their jobs since the Covid-19 induced lockdown commenced. Around 1.77 crore jobs were lost in the month of April, 40 lakh jobs in May and June combined, and 50 lakh jobs in July. While there has been a recovery in the informal jobs lately, reports state that it has left out healthier, salaried jobs.
Tags: CMIE, SALARIED JOB LOSSES, INFORMAL JOBS, SOURCE OF WORRY
Courtesy: NDTV
