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TOPIC -42

Unemployment in India

Quick points to remember

• One of the common social issues in India is unemployment and a
significant change in this condition will require a long time.
• According to the UN report, unemployment in India is to increase
marginally between the year 2017-2018, that is from 17.7 million to 17.8
million.
• Around 31 million Indians are jobless and are looking for jobs as per the
information provided by CMIE. CMIE is a board that keeps a track of
business and economic data.
• Compared to other developing courtiers, unemployment ratio of India is
not immensely high as from the total workforce of 467 million, around 9.5%
people are unemployed and jobless
• As per the reports, 77% percent of families do not have regular earners
while 67% people earn INR 11,000 per month.

Introduction

Unemployment stands as a leading social issue in India. The Ministry of Labor and
unemployment keeps the track of unemployment records. As per the data from this
ministry, India is facing 4% unemployment in 2016-2017. There are ample efforts
made by the government to target mainly rural and urban unemployment and offer
employment opportunities to maximum people.

If reports are believed, India will face a very slight increase, around 0.1% of increase
in unemployment in India. This is due to the steps taken by the government, due to
increasing awareness about education and due to rise in the number of skilled people
in India.

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