Search results
Results from the Health.Zone Content Network
Unemployment is a major social issue in India. As of September 2018, according to the Indian government, India had 31 million jobless people. [37] The numbers are widely disputed.The uses of digital manufacturing and machinery in factories and garments are leading to unemployment in India.
This is a list of countries by unemployment rate. Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, supported ...
The list is compiled from the Report on Periodic Labour Force Survey (2018–19) released by Ministry of Statistics and Programme Implementation, Government of India. [1] Chhattisgarh has the least unemployment rate among the Indian states, while Rajasthan has the highest unemployment rate. (Higher rank represents higher unemployment among the ...
India is the world's sixth-largest manufacturer, representing 2.6% of global manufacturing output. [74] Nearly 65% of India's population is rural, [75] and contributes about 50% of India's GDP. [76] India faces high unemployment, rising income inequality, and a drop in aggregate demand.
Misery index (economics) The misery index is an economic indicator, created by economist Arthur Okun. The index helps determine how the average citizen is doing economically and is calculated by adding the seasonally adjusted unemployment rate to the annual inflation rate. It is assumed that both a higher rate of unemployment and a worsening of ...
The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy. Notably, India had also been witnessing a pre ...
The economic development in India followed socialist -inspired politicians for most of its independent history, including state-ownership of many sectors; India's per capita income increased at only around 1% annualised rate in the three decades after its independence. [1] Since the mid-1980s, India has slowly opened up its markets through economic liberalisation. After more fundamental ...
April 18, 2024 at 8:30 PM. Can India become an economic superpower? Here’s what the data says. Indians have started casting their votes in an election that’s expected to hand Prime Minister ...