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పకోడీ దుకాణాలు, పంక్చర్ షాపులు: మోడీ వికసిత్ భారత్ లో ఉద్యోగాలు || Pakodis, Puncture shops: Modi’s jobs ||
RBI data reveals more jobs in India, private surveys paint bleak unemployment picture, flag quality concerns
The number of jobs in India grew by 6% in FY24 from 3.2% in FY23, according to the RBI data. According to the Centre for Monitoring Indian Economy (CMIE) data, the unemployment rate rose to 9.2%in June from 7% in May. Unemployment rate rose to 8% in FY24 from 7.5% and 7.7% in the preceding 2 years.
The country added 4.67 crore jobs in FY24. Presently, there are 64.33 crore provisional jobs, up from 59.67 crore in FY23, according to Reserve Bank of India’s (RBI) Measuring Productivity at Industrial Level-The India KLEMS (capital, labour, energy, material, services) data. This number is much higher than the estimates by private surveys that point out the country's high unemployment rate.
India’s employment grew by 6% in FY24 from 3.2% in FY23, according to the RBI data.
The RBI on Monday said it is using a provisional estimate of productivity for the entire economy for the first time in FY24 on the basis of available data.