Question

write a note on ratio of Unemployment in India​

Answer 1

Answer:

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, says the report of CMIE – Centre For Monitoring Indian Economy. However, it later increased to 9.1% in December 2020.

Answer 2

Answer:

The average count of unemployed in 2019-20 was 33.3 million. The highest count in the year was 37.9 million in March 2020 and it was below 36 million before that. While the increase in labour force contributed partly to the rising unemployment rate, a fall in employment also increased unemployment numbers last month.5