Govt rebuts Citigroup's claim that India will fail to plug jobs gap with 7% growth
The ministry says it strongly rebuts such reports which do not analyse all official data sources available in the public domain.
The ministry says it strongly rebuts such reports which do not analyse all official data sources available in the public domain.
Urban joblessness rate rises to 9.81% in April, while the rural unemployment rate eased to 7.34%
These employees got average wages worth ₹7 lakh; much higher than average salary received by factory employees that’s around ₹3 lakh.
Labour force participation rate improves slightly to 47.5% during Q1 2022. Worker participation rate also shows consistent rise, with April-June WPR at 43.9%
While the unemployment rate among females in urban areas in ages 15 years and above declined to 10.1%, for males it dipped to 7.7%, shows the NSO survey.
With India's economy unlocking, Fortune India visited a few manufacturing units in Delhi in order to chronicle the changes the pandemic has wrought in the lives of the workers.
The share of workers employed in regular salaried jobs rose just 5% between 2011-12 and 2017-18, says the Periodic Labour Force Survey.
The country is facing a grave unemployment and underemployment crisis and it’s only likely to become worse.