Salaried jobs fell by 11-12 million, 97% Indians got poorer: CMIE May 29, 2021 https://www.cnbctv18.com/economy/salaried-jobs-fell-by-11-12-million-97-indians-got-poorer-cmie-9478121.htm
"India had 403.5 million jobs before being hit by the COVID-19 pandemic. In April 2020, about 126 million jobs were lost of which about 90 million were those of daily wagers. The figure recovered and reached 400 million jobs in January 2021 or December 2020. However, after the second wave, India has 390 million jobs."
Vyas pointed out that not everyone has got their job back and those who have got their jobs back have not necessarily got the same quality job. Salaried jobs are still falling. The situation is worse off, he added.
https://www.youtube.com/watch?v=J1lRR8CSmPo
Biggest Contraction In India's GDP: KV Subramanian Vs P Chidambaram | Newstrack (Full Video)https://www.youtube.com/watch?v=ggwDXMhxeno India’s gross domestic product (GDP) grew 1.6 per cent in the fourth quarter of 2021, marking two quarters of consecutive growth after it exited a rare recession. The Q4FY21 GDP growth is largely in line with estimates released earlier by multiple ratings agencies earlier.
The improvement in GDP also suggests that the country’s economy recovered rapidly after registering negative growth for the first two quarters of FY21.
It may be noted that the Indian economy started recovering quickly from the third quarter of FY21 (December quarter) as restrictions were eased; the festive sales also contributed to the 0.4 per cent growth in the third quarter of FY21 after contracting 23.9 per cent in the first quarter and 7.5 per cent in the second quarter.
On India Today's special show Newstrack with Rahul Kanwal, watch the debate between Modi Govt's Chief Economic Adviser KV Subramanian & Former Finance Minister P Chidambaram over The state of the economy in India.
P Chidambaram Exclusive On India's Economy, Covid Crisis & Vaccination Drive https://www.youtube.com/watch?v=SoPW0MzDsvw India’s gross domestic product (GDP) grew 1.6 per cent in the fourth quarter of 2021, marking two quarters of consecutive growth after it exited a rare recession. The Q4FY21 GDP growth is largely in line with estimates released earlier by multiple ratings agencies earlier.
The improvement in GDP also suggests that the country’s economy recovered rapidly after registering negative growth for the first two quarters of FY21.
It may be noted that the Indian economy started recovering quickly from the third quarter of FY21 (December quarter) as restrictions were eased; the festive sales also contributed to the 0.4 per cent growth in the third quarter of FY21 after contracting 23.9 per cent in the first quarter and 7.5 per cent in the second quarter.
"Darkest Year In Over 4 Decades": P Chidambaram Slams Government On GDP https://www.youtube.com/watch?v=EVrujcy9gG4 print money, as suggested by Abhijit banerjee? Yes.