Jobs data: India's unemployment rate lowest among G20 at 2%; Union minister Mansukh Mandaviya cites WEF report
India’s unemployment rate, at 2 per cent according to World Economic Forum data, is the lowest among G20 nations, Union Labour and Employment minister Mansukh Mandaviya said on Monday.
Speaking at the signing of MoUs between the Labour Ministry and digital mentorship platform Mentor Together and classifieds site Quikr, the minister said the figure reflected how employment generation has taken place across sectors in tandem with India’s rapid economic growth. He added that schemes like the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) had contributed significantly, PTI reported.
Speaking at the signing of MoUs between the Labour Ministry and digital mentorship platform Mentor Together and classifieds site Quikr, the minister said the figure reflected how employment generation has taken place across sectors in tandem with India’s rapid economic growth. He added that schemes like the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) had contributed significantly, PTI reported.
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