ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Web Stories
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Samco Acers
  • Samco Mission Ace The Index
  • Real Estate
    • Home Buyers
    • Builders
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Unemployment rate drops post demonetisation announcement, shows BSE survey

During the week of announcement, the consumer sentiments rose nearly to 98.8, the data showed.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Unemployment rate drops post demonetisation announcement, shows BSE survey
A sharp rise was seen in the consumer sentiments. Photo: Pixabay

When people are criticising Prime Minister Narendra Modi's step to ban high denomination currency to curb black money floating in the country, but a significant drop in the unemployment rate post the announcement was seen.

According to BSE CMEI daily survey found that the post demonetisation the unemployment rate reduced to 6.5 from 7.5, which was one week before the announcement.

As per the data, during the week of announcement, the unemployment rate was nearly 6.1.

Apart from reduction in unemployment rate, a sharp rise was seen in the consumer sentiments. One week after the announcement, the consumer sentiments rose to 98.6 from 96.6, which was one week before.

During the week of announcement, the consumer sentiments rose nearly to 98.8, the data showed.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
DemonetisationNarendra Modiunemploymentconsumer sentimentsBSE
Written By: ZeeBiz WebTeam
Updated: Thu, Nov 24, 2016
05:50 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
2,000-rupee note: A barrage of memes on social media as RBI presses 'exit' on 2,000 currency bill 2,000-rupee note: A barrage of memes on social media as RBI presses 'exit' on 2,000 currency bill
Bye bye, Rs 2,000 banknote! 10 things to know about the bill that has been in circulation for 6 years Bye bye, Rs 2,000 banknote! 10 things to know about the bill that has been in circulation for 6 years
Finance Minister Nirmala Sitharaman says govt hasn't stopped banks from filling Rs 2000 notes in ATMs Finance Minister Nirmala Sitharaman says govt hasn't stopped banks from filling Rs 2000 notes in ATMs
Demonetisation in India: Timeline Demonetisation in India: Timeline

LATEST NEWS

Avatar 2 to Bloody Daddy: This movie line up is too good to miss

Aether Industries signs licensing agreement with Saudi Aramco Technologies

From global cues to monsoon update: 10 things to know before market opens today

Asian Paints dividend: Paint major's shares go ex-dividend

Bonanza for cricket lovers! Disney+ Hotstar to stream ICC Men's World Cup and Asia Cup 2023 for free

Aether Industries shares hit all-time high after specialty chemical maker inks pact with Saudi Aramco Tech

Indian startup layoffs: Amid all the gloom, there is a silver lining

Level 3 fire breaks out in Mumbai's Zaveri Bazar area

Gold price today (June 9, 2023): Yellow metal trades flat near Rs 60,000 — check out prices in Mumbai. Delhi and other cities

ED arrests M3M group director in money laundering case

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV