Question
Download Solution PDFAccording to data from the Centre for Monitoring Indian Economy (CMIE), India's average monthly female employment in 2021 was _______ higher than in 2020.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFKey Points
- India's average monthly female employment in 2021 was 0.049 higher than in 2020, according to data from the Centre for Monitoring Indian Economy (CMIE).
- The CMIE provides comprehensive data on various economic indicators, including employment statistics, which are crucial for understanding labor market dynamics.
- Female employment data is a critical indicator of gender participation in the workforce and helps in assessing economic growth and development.
- Understanding changes in female employment can aid in policy formulation aimed at improving gender equality in the labor market.
Additional Information
- The Centre for Monitoring Indian Economy (CMIE) is a leading business information company.
- CMIE produces economic and business databases and develops specialized analytical tools to deliver these to its customers for decision making and for research.
- Its data is widely used by policy makers, researchers, and businesses to make informed decisions.
- Tracking employment trends is essential for understanding the economic impact of policies and for planning future initiatives.
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