Category: Unemployment in India

Modi faces ‘jobs crisis’ as unemployment hits 6.1%

NEW DELHI – India’s unemployment rate rose to 6.1% in the 2017/18 fiscal year, the statistics ministry said on Friday, presenting a challenge for Prime Minister Narendra Modi to kick-start job creation in his second term in office. The data, that has been repeatedly delayed, was released a […]

India unemployment rate highest in 45 years: Report

The jobless rate stands at 6.1 percent, a local newspaper reports, citing an official survey withheld by the government. The unemployment rate in India has reached its highest in 45 years, according to a report in the Business Standard newspaper that cited an official survey withheld by the government. The […]

Employment stagnates in 2017-18

by Mahesh Vyas Fiscal 2017-18 was a difficult year for the Indian economy. Real GVA growth slowed down to 6.5 per cent compared to 7.1 per cent in the previous year. This was also the worst year for growth since 2013-14. The investment ratio, at 28.5 per cent […]

1.3 Million Youth Need Jobs Every Month; 8 Million A Year: World Bank

open view web desk Mumbai: More than eight million jobs are required every year for India to keep its employment rate constant, as its working age population (above 15 years) is increasing by 1.3 million every month, a new study has found. India’s employment rate has been declining […]

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