*NEW DELHI – The Indian government has finally confirmed that unemploymentrate in the country is at a 45-year high as data released by the UnionMinistry of Statistics reveal that India’s unemployment rate stands at 6.1per cent.*
Indian local news magazine ‘*Indian Today’* reported that the governmentdata shows that the unemployment rate has risen to a 45-year high in2017-18.
It was also reported that the same figure on unemployment was mentioned ina report by Business Standard that was based on a leaked official report.The government had then brushed off the issue saying the report had notbeen finalised.
In the run-up to the 2019 Lok Sabha election, the opposition had allegedthat the Narendra Modi government was intentionally withholding the data onunemployment faring negative impact on its electoral prospects.
The data released by the government on a day when Narendra Modi 2.0 Cabinettook charge, showed 7.8 per cent of all employable urban youth beingjobless, while the percentage for the rural was 5.3 per cent.
The joblessness among male on all India basis was 6.2 per cent, while itwas 5.7 per cent in case of females.