MAM
Unemployment continues to be top worry for Indians and global citizens, 3 months in a row: Ipsos What Worries the World Survey
MUMBAI: Unemployment sits right at the top, as the biggest worry for Indians as well as global citizens, 3 months in a row – from May to June and now in July too, as per the latest findings of What Worries the World, monthly global survey.
But there are some happy tidings for India; India continues to buck the global trend of pessimism,with at least 73 per cent Indians are optimistic that India is heading in the right direction. The world view on the contrary, is highly pessimistic, with at least 58% global citizens believing their country is on the wrong track. Further, of the 27 markets covered in the survey, at least 23 markets feel they are on the wrong track.
As per the survey, the markets most buoyant areChina (at 94%), Saudi Arabia (78%), India (73%) and Malaysia (60%). And the markets most pessimistic about the course their country is traversing were largely,Great Britain (78%), France (77%), South Africa (74%), Belgium (74%), Spain (69%) and Hungary (68%).
Optimism apart, there are a number of issues worrying Indians, in July 2019.
Top issues worrying Indians!
Unemploymentcontinues to be the biggest worry of Indians. For the past 3 months in row, Unemployment continues to take pole position in the list of top worries, without any repreive.
The top five issues worrying Indians are – Unemployment (46%), Crime and Violence (37%), Financial & Political Corruption (34%), Terrorism (29%) and Poverty and Social Inequality (28%).
|
July 2019 |
June 2019 |
May 2019 |
|
Unemployment – 46% |
46% (no change) |
42% (+4) |
|
Crime & Violence – 37% |
29% (+8) |
32% (-3) |
|
Financial & Political Corruption – 34% |
39% (-5) |
38% (+1) |
|
Terrorism – 29% |
31% (-2) |
36% (-4) |
|
Poverty & Social Inequality – 28% |
29% (-1) |
26% (+3) |
"Indians on one hand are highly optimistic about the direction the country in going in, at the same time, Unemployment is the niggling worry, without any let up. Of course, another big worry is Crime and Violence, which has moved up by 8% from last round. At the same time, some of the concerns have shown marginal improvement over last round – Financial and Political Corruption is down by 5%, Terrorism by 2% and Poverty and Social Inequality by 1%. All these issues need govt’s attention and intervention," says Parijat Chakraborty, Country Service Line Leader, Public Affairs and Corporate Reputation, Ipsos India.
Top 5 issues at the global level attaining gargantuan proportions?
Unemployment sits right at the top (32%), followed by Poverty & Social Inequality (32%), Crime & Violence (31%), Financial & Political Corruption (30%) and Healthcare (26%).
|
Top Global Issues (July 2019) |
June 2019 |
|
Unemployment – 32% |
-2 |
|
Poverty & Social Inequality – 32% |
+1 |
|
Crime & Violence – 31% |
+1 |
|
Financial & Political Corruption – 30% |
-1 |
|
Healthcare – 26% |
+1 |
Issues rattling Indians are predominant in some other markets as well
Unemployment or job worry is most pronounced for South Korea (64%) and South Africa (62%) and least for Germany (8%), Poland (9%) and the US (10%). India is placed 7th in the pecking order.
Crime and Violence is most nightmarish for Mexico (66%), South Africa (62%) and Peru (60%). India is 9th in the pecking order.
Political & Financial Corruption is a huge worry for South Africa (60%), Russia (57%), Peru (56%) and Hungary (53%). India is placed 12th in the pecking order.
Terrorism – nations most worried about the scourge of terrorism were – Israel (45%), India (29%), Turkey (23%), France (21%) and US (17%).
Poverty and Social Inequality were found to be bigger issues for Russia (60%), Serbia (52%), Hungary (46%) and Germany (45%). India is much lower in the global pecking order, is placed 18th.
Technical note:
Full results available from www.ipsos-mori.com at 00.01 Friday 13rd September 2019.
The survey was conducted in 28 countries around the world via the Ipsos Online Panel system. The 28 countries included are Argentina, Australia, Belgium, Brazil, Canada, Chile, China, France, Great Britain, Germany, Hungary, India, Israel, Italy, Japan, Malaysia, Mexico, Peru, Poland, Russia, Saudi Arabia, Serbia, South Africa, South Korea, Spain, Sweden, Turkey and the United States of America.
19,520 interviews were conducted between June 21st, 2019 – July 5th, 2019 among adults aged 18-64 in Canada, Israel and the US, and adults aged 16-64 in all other countries. Data are weighted to match the profile of the population.
In 17 of the 28 countries surveyed internet penetration is sufficiently high to think of the samples as representative of the wider population within the age ranges covered: Argentina, Australia, Belgium, Canada, France, Germany, Hungary, Israel, Italy, Japan, Poland, Serbia, South Korea, Spain, Sweden, Great Britain and United States. The remaining 11 countries surveyed: Brazil, Chile, China, India, Malaysia, Mexico, Russia, Peru, Saudi Arabia, South Africa and Turkey have lower levels of internet penetration and so these samples should instead be considered to represent a more affluent, connected population. These are still a vital social group to understand in these countries, representing an important and emerging middle class.
Ipsos is an independent market research company controlled and managed by research professionals. Founded in France in 1975, Ipsos has grown into a worldwide research group with a strong presence in all key markets. Ipsos ranks third in the global research industry. With offices in 89 countries, Ipsos delivers insightful expertise across six research specializations: advertising, customer loyalty, marketing, media, public affairs research, and survey management.
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Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
