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Rural India Erases Gains With Loss Of 2.8 Million Jobs In April


This shows how the second wave of the pandemic has unleashed its wrath on the rural jobs market.
NEW DELHI – Rural India has erased gains made since October when Covid-19 cases had begun to decline to record 2.84 million job losses in April for the salaried class alone. This is expected to impact rural consumption.
Salaried people in India’s rural pockets stood at 27.87 million in April, down from 30.72 million in March, and 33.46 million in February, showed monthly data from the Centre for Monitoring Indian Economy (CMIE). Around 5.59 million salaried employees lost their jobs during April and March.
This shows how the second wave of the pandemic has unleashed its wrath on the rural jobs market. Job losses for the salaried class in India’s rural belt were almost four and half times more than the number of salaried jobs lost in urban pockets in April. Overall, 3.4 million salaried jobs were lost during the month. ....

Arup Mitra , Sunil Kumar Sinha , Centre For Monitoring Indian Economy , Fitch Group , Delhi University , Rural India , Monitoring Indian Economy , Indian Ratings , அரூப மித்ரா , சுனில் குமார் சீன்ஹா , மையம் க்கு கண்காணிப்பு இந்தியன் பொருளாதாரம் , ஃபிட்ச் குழு , டெல்ஹி பல்கலைக்கழகம் , கிராமப்புற இந்தியா , கண்காணிப்பு இந்தியன் பொருளாதாரம் , இந்தியன் ரேடிஂக்ஸ் ,