Covid-19: CMIE Data Says, 5 Lakh Salaried Indians Lost Jobs in July due to the Pandemic

According to a report from the Centre for Monitoring Indian Economy (CMIE), five million people lost their jobs in July. The Covid-19 Pandemic has caused a major setback in the country's economy. CMIE stated that "17.7 million salaried jobs were lost in April 2020. An additional 0.1 million jobs were lost in May. Then, 3.9 million jobs were gained in June. But, 5 million jobs were lost in July".