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Showing posts with the label Centre for Monitoring Indian Economy

Unemployment Issue In India

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  Indiaโ€™s unemployment situation presents a complex picture. Government data suggests a significant decline in the national unemployment rate, reaching 3.2% in 2022-23 [ NDTV ]. However, independent studies paint a different picture, with the   Centre for Monitoring Indian Economy   (CMIE) reporting a rate of 6.8% in January 2024 [Forbes India]. While the reasons for the   unemployment issue in India   require further analysis, there are undeniable challenges in the job market. The Core Argument โ€“ Unemployment Issue In India:- We are likely to criticize the gap between the governmentโ€™s reported figures and the reality faced by millions of Indians. Indiaโ€™s lack of good job opportunities forces many highly educated graduates to take low-skilled positions, hindering their potential. The Impact of Unemployment:- We, are likely to explore the human cost of unemployment. The frustration of people, which results committing to do suicide, who are unable to find suitable...