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Covid-19 Unemployment- Can India bounce back anytime soon? | IndiaSpend

May 28, 2021 17:59 IST

 According to the Centre for Monitoring Indian Economy, Unemployment levels in India have moved into double digits, at 14.73% for the week ending May 23. IndiaSpend's Govindraj Ethiraj speaks to CEO of CMIE Mahesh Vyas to analyze the unemployment situation in the country.

Mahesh Vyas says that even before the recovery from the impact of the first Covid wave was complete, the recovery had stalled. And then we got hit by the second wave of Covid-19. Speaking about a bounce back, he said, "I feel a little more worried than last time. There are no forces in the economy that one can see that can take us out of the mess."

Covid-19 Unemployment- Can India bounce back anytime soon? | IndiaSpend

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Covid-19 Unemployment- Can India bounce back anytime soon? | IndiaSpend

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