New Delhi, March 14, 2018: The International Labour Organisation (ILO) recently published a report on employment and has projected that the unemployment level has reached a higher level than that of previous year’s.
Earlier, the unemployment in India recorded was 18.3 million in 2017 and has increased to 18.6 million in 2018 according to the reports.
“In spite of the fear of increasing unemployment levels, no concrete steps have been taken by the government,” Labour Minister Santosh Gangwar said to PTI according to www.indiatoday.in
WHAT WAS THE REPORT ABOUT?
ILO released a report called World Employment and Social Outlook Trends – 2018.
DEMOCRACY, DEMOGRAPHY, DEMAND: THE MYSTERY OF THE MISSING JOBS
In India Today Conclave 2018, Rajdeep Sardesai, consulting editor at India Today, initiated the conversation that in the immediate period to post demonetization, the industry had feared a disruption in the employment sector.
HERE’S WHAT THE CHAIRMAN, CENTRE FOR POLICY ALTERNATIVES, MOHAN GURUSWAMY SAID DURING THE CONCLAVE:
“Out of India’s total population of 1.3 billion, 117 million has been found without jobs,” Mohan Guruswamy said.
LOW GDP PERCENTAGE:
“Every year the percentage of GDP has been decreasing in the country and only 9 per cent of the budget is spent on the capital expenditure,” the Chairman said during the event.
INDIA EMPLOYMENT REPORT 2016:
India Employment report 2016 says total unemployed clubs in India has reached to 117 million out of which 13 million is openly unemployed, 52 are in disguised unemployment and other 52 are women who don’t work
The report was shared by Mohan Guruswamy during the event.