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Sunday, 23 May 2021

India’s COVID-Hit Industries Shut Down, Furloughing Over 7 Mln Workers; Analyst Suggests Remedies

In April, over seven million Indians were let go. The unemployment rate jumped to 7.9 percent in April from 6.5 percent in March, according to a report released by the Centre for Monitoring the Indian Economy (CMIE). Real estate, the gem and jewellery industry, and other sectors have been affected by the pandemic.

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