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LATEST NEWS UPDATES | ‘Lockdown takes toll on 18.9 mn salaried jobs, informal sector shows silver lining’

LATEST NEWS UPDATES

‘Lockdown takes toll on 18.9 mn salaried jobs, informal sector shows silver lining’


August 19, 2020

-The Indian Express The plight of salaried employees has worsened since the lockdown, with a loss of 17.7 million salaried jobs in April, additional 0.1 million jobs in May, followed by gain of 3.9 million jobs in June and then again loss of 5 million jobs...

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6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report -Indivjal Dhasmana
August 19, 2020

-Business Standard Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the...

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Dormant state -Renu Kohli
August 18, 2020

-The Telegraph Why are animal spirits in quarantine? Animal spirits, the primordial driver of growth that is unquantifiable, are once more in the spotlight. The current context is the dire growth outlook from the Covid-19 impact, future prospects and how to improve these. However, the absence of...

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COVID-19 Impact: 41 Lakh Youth Lost Jobs in India, Says ILO-ADB Report
August 18, 2020

-TheWire.in/ PTI The young people's employment prospects in Asia and the Pacific are severely challenged due to the pandemic, the report found. New Delhi: As many as 41 lakh youth in the country lost jobs due to the COVID-19 pandemic while construction and farm sector workers account...

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PM CARES Fund collected over ₹3,000 crore in 2019-20 -Priscilla Jebaraj
August 18, 2020

-The Hindu During the same period, an amount of ₹39.68 lakh was collected in foreign currency, according to information now available on the Fund’s website The PM CARES Fund collected more than ₹3,076 crore in the first five days after it was set up, according to information...

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