Consumer sentiments jump by record 6.7% in March: CMIE
Consumer sentiments shot up by 6.7% in the week ended March 26, 2023, which is exceptionally high, and comes on the back of its surge in rural India, the Centre…
India’s jobless rate rises to 7.83% in April – CMIE
India's unemployment rate rose to 7.83% in April from 7.60% in March, data from the Centre for Monitoring Indian Economy (CMIE) showed on Sunday. The urban unemployment rate rose to…
Consumer sentiments scale up in September driven by middle income households in rural India: CMIE
The index of consumer sentiments scaled up cumulatively by 9% in the month till September 12, driven by the middle income households in rural India and is likely to translate…
Unemployment rate touches 8.3% in August; 1.9 million jobs lost: CMIE
The unemployment rate in India bounced back in August and touched 8.3% compared to 7% in July with 1.9 million jobs lost in the country last month, mainly from the…
Employment situation improves in June as economic activity picks up pace: CMIE
Of the 22.7 million jobs lost during the second wave of the pandemic, nearly 7.8 million have recovered in June after economic activity started picking up, taking the total employment…
View: The new barometer of India’s economy fails to reflect the deprivations of poor households
India’s statistical system is in bad shape. One aspect of this is the paucity of national household surveys. The National Sample Survey’s (NSO) latest consumption survey, ignoring the suppressed 2017-18…
Second wave rendered 1 cr Indians jobless; 97 pc households’ incomes declined in pandemic: CMIE
Over 10 million Indians have lost their jobs because of the second wave of COVID-19, and around 97 per cent of households' incomes have declined since the beginning of the…
Unemployment rises to 14.5% in May, highest since last year’s lockdown
The unemployment rate shot up to 14.5% in the week ended May 16, 2021, the highest in the last one year, compared to 8% in April, the Centre for Monitoring…
Consumer sentiment index falls 3.8% in April, sharpest drop since May 2020: CMIE
The raging second wave of Covid-19 has resulted in a 3.8% dip in the index of consumer sentiment in April, the sharpest fall since May 2020, said the Centre for…
COVID: Rs 8 lakh crore package needed to support lower income groups, says report
The government will need to roll out a relief package worth Rs 8 lakh crore to contain hardships being faced by lower-income groups due to the economic impact of COVID-19,…