Question

critically examine the unemployment policies of India?

Answer 1

Answer:

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Explanation:

The unemployment rate in India shot up from 6.5 per cent in March 2021 to 8 per cent in April 2021, while the employment rate fell from 37.6 per cent in March to 36.8 per cent in April, says the report of CMIE – Centre For Monitoring Indian Economy.

In 2020, the unemployment rate in India fell to 7% in September 2020 from the record high of 29% since the country went into lockdown from March 2020, However, it later increased to 9.1% in December 2020.

The unemployment rate again declined to 6.5 per cent in January 2021 from 9.1 per cent in December 2020, while the employment rate surged to 37.9 per cent as compared to 36.9 per cent.

The lockdown to contain the coronavirus outbreak has forced many industries to shut down thus increasing unemployment across the country.

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