Analyzing Jobs Lost During Covid-19 – PLFS Survey

The release of periodic labor force survey (PLFS) data for April-June’20 quarter, the peak lockdown months, gives a comprehensive view of the extent of job losses. As per the survey, urban unemployment rate reached a level of 20.9% during the quarter. The dis-aggregated figures reveal that stress was as high as 59% for specific segment at state level. Here is a look at some of the details. Continue reading Analyzing Jobs Lost During Covid-19 – PLFS Survey

State of the Economy – Tracking the Uneven Recovery

Even after recording GVA growth of 1.0% during Dec’20 quarter (GDP growth – 0.4%), the uncertainty regarding continued momentum in recovery remains high. The available high-frequency data for Jan-Feb’21 reinforces the fear with slight moderation in growth in some of the segments. Another cause of worry is the sharp increase in WPI inflation which touched 4.2% in Feb’21, the highest in over two years. Here is a look at the performance of some of the key indicators. Continue reading State of the Economy – Tracking the Uneven Recovery

RIL O2C Hive-off – Understanding the Restructuring

Reliance Industries’ (RIL) announcement last week hiving-off its Oil to chemicals business into a separate subsidiary is the third and final stage of company’s restructuring. The hiving-off is important not only from a re-alignment perspective but also because Oil & Petrochemicals sector is facing considerable uncertainty because of environmental issues, shifting energy consumption pattern etc. … Continue reading RIL O2C Hive-off – Understanding the Restructuring
.