3 min read.Updated: 29 Dec 2020, 08:55 PM ISTAshwini Deshpande
The country can’t expect to be a superpower with gender disparities worsening the way they are
The latest bulletins from the Centre for Monitoring Indian Economy (CMIE) present a dismal picture. The calamitous fall in employment in April 2020 was followed by a partial recovery in May and June, but the recovery tapered off by September. October and November saw declines again. This slowdown in economic activity can be seen in other indicators such as electricity generation or two-wheeler demand in November. As the employment recovery stopped and household incomes declined, consumer sentiment nosedived.