February 12, 2024 11:06 pm | Updated February 13, 2024 09:54 pm IST With the BJP-led government exuding over-confidence on the state of the economy, the interim Budget presented earlier this month has shifted focus to fiscal consolidation. Even then, the simple truth which is evident from the official data is that on average, real GDP growth was at least …
The Union Labour Ministry, apparently irked over the routine unemployment data published by the Centre for Monitoring Indian Economy, has cautioned against such surveys conducted by private organisations. The Ministry said here in a statement on Wednesday that such surveys are “generally neither scientific nor based on internationally accepted norms.” The Ministry said the “official data” on employment and unemployment …
The unemployment rate saw a decrease of 0.6% and fell to 4.2% in 2020-21, compared with 4.8% in 2019-20, according to the Periodic Labour Force Survey for 2020-21 released by the Ministry of Statistics and Programme Implementation here on Tuesday. Rural areas recorded an unemployment rate of 3.3% and urban areas recorded an unemployment rate of 6.7%. The National Statistical …
