19 Million Salaried People Lost Jobs Due to COVID-19 in India: CMIE Report

07:35 AM Aug 20, 2020 | G Plus News

A total of 18.9 million (1.89 crore) salaried people have lost their jobs in India since April, a little after the Covid-19 lockdown began. 


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In July alone, five million salaried people have been rendered jobless, according to data released by Centre for Monitoring Indian Economy (CMIE).


"It is an unhealthy recovery and the situation has worsened for salaried jobs," the CMIE said.


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According to the data, salaried jobs stood at 86.3 million in 2016-17, which declined to 86.1 million in 2019-20. 
 

The CMIE report also showed job losses in the manufacturing sector were the worst. Within manufacturing, textile was the most severely hit.