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LATEST NEWS UPDATES | Almost 78 per cent jobs lost in media and publishing industry in 5 years: CMIE survey

Almost 78 per cent jobs lost in media and publishing industry in 5 years: CMIE survey

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published Published on Sep 21, 2021   modified Modified on Sep 23, 2021

-National Herald

The media and publishing industry employed over 10.3 lakh people across India in September 2016 and now in August 2021, it employs 2.3 lakh only, according to a survey by the CMIE

At least 78% of those working in the media and publishing industry have lost their jobs, according to a survey by the Centre for Monitoring Indian Economy (CMIE). The media and publishing industry employed over 10.3 lakh people across India in September 2016 and now in August 2021, it employs 2.3 lakh only.

If one looked at a 12 month comparison between 2016-17 and 2020-2021, then the drop in employment is 56%. In 2016-17, there were 8,33,115 people in the publishing industry, while in 2020-21, there are only 3.66,723 people employed, tweeted commentator Aunindyo Chakravarty, citing CMIE data.

According to CMIE, the drop began to happen in early 2018 and during the second wave in 2021, a lot more people in the media and publishing industry were laid off.

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National Herald, 21 September, 2021, https://www.nationalheraldindia.com/india/almost-78-per-cent-jobs-lost-in-media-and-publishing-industry-in-5-years-cmie-survey?fbclid=IwAR3RLCSHWMzv7yr49ENqWazs-bpyDIH75Twyo8hxvt1AfdA91VK_pm9NW2I


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