BREAKING NEWS

Demographic Disaster? India’s unemployment rate at 45-year high

In what turn out to be a major controversy just two months before the Lok Sabha elections for the NDA Government, a National Sample Survey Office (NSSO) report states that India’s unemployment rate has been at a 45-year high of 6.1 percent during 2017-18, according to the periodic labour force survey (PLFS).

This report, as mentioned by Business Standard, has allegedly been held back by the Modi government and has come to light after two members of the National Statistical Commission (NSC) have resigned on January 28, 2019. 
 
The NSSO survey shows that joblessness is higher in the urban areas compared to rural areas at 7.8 percent. The report reveals that unemployment stood at 18.7 percent among urban males aged between 15 and 29 in contrast with 8.1 percent in 2011-12. Among urban females, it was 27.2 percent in 2017-18; it was 13.1