50 Lakh Lost Jobs Over 2 Years, Trend Began Just After Notes Ban: Report - Traveller's connect

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Wednesday, 17 April 2019

50 Lakh Lost Jobs Over 2 Years, Trend Began Just After Notes Ban: Report

Fifty lakh men lost their jobs in the past two years beginning November 2016, when Prime Minister Narendra Modi announced an overnight ban on high value currency, according to a new report. The timing of the start of the decline in jobs coincides with demonetisation but no "causal link" can be established based on the available data, says the "State of Working India 2019", released Tuesday by the Centre for Sustainable Employment, Azim Premji University, Bengaluru.

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