Best Companies 2018

Unemployment among educated at 11.4%: Govt

“Employment generation coupled with improving employability is the priority of the government,” Gangwar said.

Agencies
According to Gangwar, government has taken various steps for generating employment in the country like encouraging private sector of economy, fast-tracking various projects involving substantial investment and increasing public expenditure.
The government, on Monday, said unemployment rate of educated persons in the country was at 11.4%. This is much higher than the average unemployment rate in the country at 6.1% based on the Periodic Labour Force Survey the findings of which were made public very recently.

“As per the results of Periodic Labour Force Survey (PLFS) conducted by National Sample Survey Office, Ministry of Statistics and Programme Implementation during 2017-18, the estimated unemployment rate of educated persons (secondary & above) on usual basis in the country was 11.4%,” labour minister Santosh Kumar Gangwar said in a reply in Lok Sabha on Monday.

“Employment generation coupled with improving employability is the priority of the government,” Gangwar said.


According to Gangwar, government has taken various steps for generating employment in the country like encouraging private sector of economy, fast-tracking various projects involving substantial investment and increasing public expenditure on schemes such as Prime Minister’s Employment Generation Programme (PMEGP), Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), Pt. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) and Deendyal Antodaya Yojana-National Urban Livelihoods Mission (DAY-NULM).
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Careers › Unemployment among educated at 11.4%: Govt
Text Size:AAA
Success
This article has been saved

*

+