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Consider the following statements:
1. According to the data provided by Mahesh Vyas of the Centre for Monitoring Indian Economy, as of January 2021, India had only about 400 million employed.
2. According to the Vyas/CMIE data, since 2016 the total number of employed people in India has been steadily coming down.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements:1. According to the data provided by...
One of the top Twitter trends over the past few hours has been “#modi_rojgar_do”. The hashtag essentially asks Prime Minister Narendra Modi to provide more employment.
  • Just before the Covid crisis at the end of 2019-20 financial year, India had (according to the data provided by Mahesh Vyas of Centre for Monitoring Indian Economy) around 403.5 million employed people and around 35 million (or 3.5 crores) openly unemployed people in the country.
  • To this existing pool, each year India adds roughly 10 million (or 1 crore) new job seekers.
  • But over the past year, several million have lost their jobs. As a result, as of January 2021, India had only about 400 million employed.
  • If we look at Vyas/CMIE data, which is being compiled since 2016, the total number of employed people in India has been steadily coming down. It was 407.3 million in 2016-17 and then fell to 405.9 million in 2017-18, and to 400.9 million at the end of 2018-19.
  • India has a labour force participation rate (LFPR) of just about 40%. In other words, in India just 40% of the 20 million joining the working-age group each year actually come forward looking for a job.
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Consider the following statements:1. According to the data provided by Mahesh Vyas of the Centre for Monitoring Indian Economy, as of January 2021, India had only about 400 million employed.2. According to the Vyas/CMIE data, since 2016 the total number of employed people in India has been steadily coming down.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements:1. According to the data provided by Mahesh Vyas of the Centre for Monitoring Indian Economy, as of January 2021, India had only about 400 million employed.2. According to the Vyas/CMIE data, since 2016 the total number of employed people in India has been steadily coming down.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2025 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements:1. According to the data provided by Mahesh Vyas of the Centre for Monitoring Indian Economy, as of January 2021, India had only about 400 million employed.2. According to the Vyas/CMIE data, since 2016 the total number of employed people in India has been steadily coming down.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. According to the data provided by Mahesh Vyas of the Centre for Monitoring Indian Economy, as of January 2021, India had only about 400 million employed.2. According to the Vyas/CMIE data, since 2016 the total number of employed people in India has been steadily coming down.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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