India’s Unemployment Rate Highest In 45 Years Of 6.1% In 2017-18, Reveals NSSO Report

News World India | 1
| January 31 , 2019 , 17:28 IST

According to the National Sample Survey Office's (NSSO's) periodic labor force survey (PLFS), the country's unemployment rate stood at a 45-year-high of 6.1 percent in 2017-18.

The report, revealed just a day before the government's interim Budget, sets up a huge controversy just before the national election, due by May, with the opposition targeting the government on jobs data. This survey came as a setback for Prime Minister Narendra Modi just months before a tightening election.

The unemployment rate was at its highest level since 1972-73 - a period from when the jobs data is comparable, the news agency quoted as saying.

The report further said that unemployment was higher in urban areas (7.8%) as compared to 5.3% in rural areas of the country, as mentioned in a report in Business Standard. The unemployment rate among youth reached a record high level in 2017-18 as compared to previous year and 'much higher compared to that in the overall population,' highlighted the report.

Two external members, PC Mohanan, acting chairman, and JV Meenakshi, of the National Statistical Commission (NSC) had resigned earlier this week over disagreement with the government on certain issues including that the survey is not taken seriously by the government.

Mohanan cited delays in the release of the National Sample Survey Office's (NSSO) report on employment as one of the reasons for his decision to resign.  

Mohanan alleged that the Ministry of Statistics and Programme Implementation (MoSPI) released major data without getting the commission's approval, practice against the guidelines.

“As per the guidelines of the ministry for the conduct of census and surveys, the commission’s approval is required for any major statistical census or surveys and the ministry has gone ahead and announced major survey census like economic census without referring to the commission. So there are incidences like this and I do not want to go into every case," he said.