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India possesses one of the fastest-growing economies in the world and is recognized as one of the G-20 major economies as well as a member of the BRIC countries, an association that is made up of rapidly growing economies.The economy of India is a developing mixed economy with its economy being ranked world’s sixth-largest economy by nominal GDP and the third largest-largest by purchasing power parity. With a population of 1.346 billion, equivalent to 17.74% of the total world population, India’s economy is becoming the world’s fastest growing major economy, surpassing China. Statistics  India’s unemployment rate in 2017 was 3.60%, which was an increase from 2016 unemployment rate of 3.46%, while the unemployment rate in 2015 was 3.49%. The average unemployment rate from 1991 to 2017 was 3.90 %. Unemployment rate reached an all-time high of 4.40 % in 2005 and a record low of 3.46 % in 2016. Source:  Among the G20 members, India was ranked fourth in terms of countries with the lowest unemployment rate by countries based on 2016 unemployment rate, beating countries like China and United States. Analysis The unemployment rate measures the percentage of the labour force that is unemployed. People become discourage and will stop looking for work when unemployment is high; they are then excluded from the labour force. This implies that unemployment rate may fall even though there has been no improvement in the labour market. The degree to which society can provide employment to those who seek employment is an important indicator of the well-being of any society. Therefore, unemployment rate is an important indicator to measure the health of a modern economy.From the statistics, we can conclude that the unemployment rate in India has been  decreasing steadily since 2012 but in 2017, India saw an increase in the unemployment rate. The decrease in unemployment for 4 years were due to the government’s effect in implementing measures to improve the employment scene in India. Mahatma Gandhi National Rural Employment Guarantee Act 2005  9 The Government of India has taken several steps to decrease the unemployment rates by launching the National Rural Employment Guarantee Scheme, which promises a 100-day employment to an unemployed person in a year. It was implemented in 200 districts and will be further expanded to 600 districts. Furthermore, the Government of India publishes  weekly newspaper titled Employment News which provides information about vacancies for government jobs across India. Along with the list of vacancies, it also notifies the various government exams and recruitment procedures required for government jobs.  National Career Service Scheme  9 The government has initiated National Career Service Scheme whereby a web portal named National Career Service Portal ( was launched by the Ministry of Labour and Employment. Through this portal, job-seekers and employers can avail the facility of a common platform for seeking and updating job information. Apart from private vacancies, vacant contractual jobs in the government sector are also make available on the portal.  Although the government’s measures has benefited many people, however, as shown from the increase in unemployment in 2017, the government policies are not sufficient enough to improve unemployment rate. Below are some of the main causes of unemployment that has been persisted for many years.Increase in population Constant increase in population has been a big problem in India. Providing enough employment opportunities in India with a population of 1.346 billion is not easy. Furthermore, half of the population is below the age of 25 and will soon enter the job market will only make matters worse. If there are not enough new job opportunities to cater the population,  sooner or later,  the unemployment rate will increase.  Seasonal UnemploymentThis is primarily confined to agriculture. Agriculture does not provide employment round the year as sowing and harvesting season ranges between five and seven months only. For the rest of the period the cultivator has to remain idle. Experts believe that an Indian cultivator remains unemployed for five to six months. When the next sowing season starts, he then goes back to cultivation. Furthermore, the agriculture sector accounted for about 52.1% of total workforce, therefore, this seasonal unemployment will lead to a high unemployment rate.  Future trends and implications The graph above shows the forecast of unemployment rate in India, which is expected to increase. According to a UN labour report, unemployment in India is projected to increase in 2018, signalling stagnation in job creation in India.The United Nations International Labour Organisation (ILO) released its World Employment and Social Outlook report which finds economic growth trends slowing while employment needs increase and predicts rising in  unemployment and worsening social inequality.Job opportunities in India is not expected to increase in 2018. As unemployment rises slightly, representing  stagnation in terms of percentage. Reference:India Unemployment rate. (n.d). Retrieved from Kk Singh. (2017, Jan 13). Unemployment in India to increase marginally in 2017-18: UN Report. The Times of India. Retrieved from India Unemployment rate. (n.d). Retrieved from     Sarkari Life Editorial Board. (March 28, 2015). Employment News. Retrieved from   National Rural Employment Guarantee Act 2005. (n.d). Retrieved from,_2005 India Population (Live). (n.d). Retrieved from          Unemployment rate – country rankings. (n.d). Retrieved from  Pooja Mehta. (n.d). Main Causes of Unemployment in India. Retrieved from     Wikipedia Contributors. Unemployment in India. Wikipedia, The Free Encyclopedia.  Wikipedia, The Free Encyclopedia. 3 January 2018. Web.3 January 2018.    Unemployment in India to increase marginally in 2017-18:Report. 13 January 2017. Retrieved from       Srinivasan, Raghavan. “The spectre of unemployment.” The Hindu, 18 Jun. 2017. Web. 12 Jan. 2018.                 

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