homevideosbusinessIndian economy added 5 million jobs in September but there's also bad news

Indian economy added 5 million jobs in September but there's also bad news

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By Latha Venkatesh   | Sonia Shenoy  Oct 7, 2020 2:30:11 PM IST (Updated)

Listen to the Article(6 Minutes)
The Indian economy added 5 million jobs in the month of September while the unemployment rate fell sharply to 6.67 percent in September from 8.35 percent, according to a CMIE report.

However, in an interview with CNBC-TV18, CMIE chief Mahesh Yvas said labour participation rate saw a sharp shrinkage.
Here's why he thinks he should be careful about the economic recovery.
Watch the video.

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