CMIE report

2 Wheelers Go Out of Reach For Rural Indians!

Two-wheeler sales in India have been a strong indicator of the health of the rural economy since the turn of this century. Rising motorcycle sales…

Government Cuts Down Expenditure During Lockdown Belying Big Announcements

Government data confirms that its expenditure during the lockdown period last year and this financial year is lower than what it spent before the pandemic…

35 Lakh Jobs Lost In November, Unemployment Shoots Up: CMIE Survey

Barring a few, the COVID-19 epidemic has battered several industries. Millions of people have lost their jobs, and rebuilding the economy is going to be…

Pandemic Fallout: Around 21 Million Salaried Jobs Lost In April-August

An estimated 21 million salaried employees lost their jobs during April-August, with about 5 million jobs being lost in July and 3.3 million in August,…

1.89 Crore Salaried Indians Lost Jobs Since April: CMIE

The five-month-long coronavirus epidemic has broken the back of the working class. The latest figures from the Centre For Monitoring Indian Economy (CMIE) show, between…

Contraction In Industrial Output Worrisome, Companies' Profits Down By Up To 40%: CMIE

Huge population battered by both economic recession and coronavirus pandemic, has been struggling to try to get life back on track in an economy that…

Unemployment Rate Drops By 40% In Madhya Pradesh

The Kamal Nath-led Congress government in Madhya Pradesh got a shot in the arm as the unemployment rate in the state has dropped by 40%…