CMIE Managing Director & CEO Mahesh Vyas on India's Employment Crisis

The video discusses the rising unemployment rate in India due to COVID-19, highlighting the economic impact and challenges faced by women and youth. It examines the decline in labor participation and the unique challenges in rural areas. The discussion also covers the need for improved infrastructure to support women's employment and the importance of government stimulus packages to boost demand and aid economic recovery.

What is the predicted unemployment rate in India by the end of May due to the COVID-19 pandemic?

• 7-8%

• 10-11%

• 12-13%

• 5-6%

Which groups are most affected by job losses during the pandemic?

• Middle-aged men

• Young people and women

• Senior citizens

• Government employees

How does the current unemployment situation compare to April and May of 2020?

• It is expected to improve quickly

• It is expected to linger longer

• It is expected to remain the same

• It is expected to worsen significantly

What is a significant concern regarding rural unemployment in India?

• It is stable

• It indicates more stress than before

• It is not a concern

• It is decreasing rapidly

What is a key solution proposed for supporting employment, especially for women?

• Reducing taxes

• Improving infrastructure

• Increasing work hours

• Providing more holidays

What has the government primarily focused on in its stimulus packages during the pandemic?

• Demand side solutions

• Increasing exports

• Supply side solutions

• Reducing unemployment

What is necessary to address the shrinking demand in the Indian economy?

• Increasing taxes

• Decreasing imports

• Reducing government spending

• Government pushing up demand