What is the current unemployment rate of India?
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. India unemployment rate for 2020 was 7.11%, a 1.84% increase from 2019. India unemployment rate for 2019 was 5.27%, a 0.06% decline from 2018. India unemployment rate for 2018 was 5.33%, a 0.08% decline from 2017.
What is current inflation rate in India?
The Laspeyres formula is generally used. India inflation rate for 2020 was 6.62%, a 2.9% increase from 2019. India inflation rate for 2019 was 3.72%, a 0.22% decline from 2018. India inflation rate for 2018 was 3.95%, a 0.62% increase from 2017. India inflation rate for 2017 was 3.33%, a 1.62% decline from 2016. Download Historical Data
How is unemployment in India measured?
Unemployment rate = (Unemployed Workers / Total labour force) × 100. National Sample Survey Organization (NSSO) defines employment and unemployment on the following activity statuses of an individual. NSSO, an organization under MoSPI – Ministry of Statistics and Programme Implementation measures India’s unemployment on three approaches:
What is the rate of economic growth in India?
The Economic Survey of India is an annual document released by the Ministry of Finance, Government of India. It contains the most authoritative and updated source of data on India’s economy. India’s estimated GDP growth rate for 2018-19 in the Economic Survey was 7% - 7.5%.
Report on Fifth Annual Employment - Unemployment Survey