: Rise in vehicles’ sales and exports of various commodities including merchandise, agriculture products and sugar indicate that the Indian economy is reviving bit by bit, after being battered by COVID-19 over the past two-and-a-half years, reported Xinhua.
The production and sales of an increasing number of vehicles in the country indicate a rising purchasing power, which means the overall employment scene has improved in recent weeks compared to the past two-and-a-half years. “Rural India provided much-needed jobs, thanks to increased agricultural activity, which dragged the unemployment rate down to 6.14 per cent in July, from 8.03 per cent in June,“ said CMIE in a statement.
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