Which of the following statements is/are correct with reference to the Indian Economy?
Which of the following statements is/are correct with reference to the Indian Economy?
A. According to the data provided by Mahesh Vyas of Centre for Monitoring Indian Economy, as of January 2021, India had only about 400 million employed.
B. According to the Vyas/CMIE data, since 2016 the total number of employed people in India has been steadily coming down.
C. Both A & B
D. None of these
Explanation:
One of the top Twitter trends over the past few hours has been “#modi_rojgar_do”. The hashtag essentially asks Prime Minister Narendra Modi to provide more employment. But over the past year, several million have lost their jobs. As a result, as of January 2021, India had only about 400 million employed. If we look at Vyas/CMIE data, which is being compiled since 2016, the total number of employed people in India has been steadily coming down. It was 407.3 million in 2016-17 and then fell to 405.9 million in 2017-18, and to 400.9 million at the end of 2018-19.