Expertspeak
Jobs are coming back, but not for the salaried: India’s unemployment rate has fallen to about 11.6 percent from a high of almost 23.5 percent in April 2020. The fall is almost as dramatic as the rise, and that throws up some questions: What is happening in the economy? Are we fundamentally more resilient than we thought? What are the other insights, particularly from the few months we lost now, for those who have been working across the country, many of them migrant labour? Read this interview with Mahesh Vyas, chief executive officer and managing director,