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⚡Indian Economic Slowdown Hits Auto Sector, Over 3.5 Lakh Employees Laid Off Since April 2019

By Team Latestly

Within a day SEBI reported that investors lost Rs 13 lakh crore in market Post Budget 2019, another report states that economic slowdown in India forced the auto sector to lay off 3,50,000 workers since April. It is to be known that the jobless rate rose to 7.51 per cent in July 2019 from 5.66 per cent a year earlier.

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