-Hindustan Times Over 20% of the 7.7 million jobs in India’s gig economy are classified as high-skilled jobs and 31% as low-skilled jobs. The remaining 47% are classified as medium-skilled jobs India’s gig economy is estimated to employ 7.7 million people and is set to nearly triple to 23.5 million by 2029-30, a new report by the NITI Aayog said on Monday. The report, ‘India’s Booming Gig and Platform Economy’, is the first...
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In one of the wettest places on earth, devastating landslides and flash floods leave 34 dead -Rokibuz Zaman
-Scroll.in The state has said excess rainfall is to blame but experts and activists on the ground say rampant mining and construction has destroyed the landscape. On the morning of June 17, it was raining heavily when a family of five sat down to have breakfast in Kenmynsaw village in Meghalaya’s East Khasi village. The rainfall triggered landslides in the area. As they heard the rumble of a landslide, 54-year-old Drit Byrsaw and...
More »Northeast battles deluge but IMD says monsoon rain declined over three decades -Jayashree Nandi
-Hindustan Times Nearly every year these parts of the northeast suffer deluge during monsoon months. However, IMD’s analysis of ‘rainfall variability and changes over different states’ for the period between 1989 and 2018 for Assam suggests that monthly rainfall for all monsoon months between June and September is recording a decreasing trend. The flood situation in Assam and Meghalaya continued to remain alarming due to ongoing extremely heavy rainfall in the northeastern...
More »More than a quarter of MSMEs lost market share due to pandemic
-The Hindu Business Line Half of them suffered a contraction in their EBITDA margins because of a sharp rise in commodity prices More than a quarter of India’s micro, small and medium enterprises (MSMEs) lost a market share of over 3 per cent due to the Covid-19 pandemic, according to CRISIL Research’s SME Report 2022. Please click here to read more.&NBSp; ...
More »Over a fourth of MSMEs lost more than 3% market share last fiscal: Crisil -Subhash Narayan
-Livemint.com While the industry Ebitda margin is expected to touch pre-pandemic level this fiscal, MSMEs in more than half the sectors will buck the trend. The performance is also underwhelming in the context of corporate India, which is expected to log a 10-14% increase in revenue and Ebitda margin of 19-20% NEW DELHI: More than a quarter of India’s micro, small and medium enterprises (MSMEs) lost over 3% market share due to...
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