NIFTY 50

Indian economy added 5 million jobs in September but there's also bad news

Updated : October 07, 2020 14:30:11 IST

The Indian economy added 5 million jobs in the month of September while the unemployment rate fell sharply to 6.67 percent in September from 8.35 percent, according to a CMIE report.

However, in an interview with CNBC-TV18, CMIE chief Mahesh Yvas said labour participation rate saw a sharp shrinkage.

Here's why he thinks he should be careful about the economic recovery.

Watch the video.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you