CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to Centre for Monitoring of Indian Economy (CMIE) data what is the current unemployment rate in India?
A
22.1%
B
27.1%
C
25.1%
D
21.1%
Explanation: 

Detailed explanation-1: -The stock of the unemployed who were actively looking for employment was 27.8 million in September 2022. This rose to 33.4 million in October, then to 35 million in November and to 37.1 million in December. As a result, the unemployment rate rose from 6.4 per cent in September 2022 to 8.3 per cent in December.

Detailed explanation-2: -India Unemployment Rate Increased to 8.3% December in 2022.

Detailed explanation-3: -The Centre for Monitoring Indian Economy, a private organization (CMIE), estimates India’s unemployment rate in India is around 8.3% at present. It is 10.09% in urban India whereas only 7.44% in rural India. India’s daily and monthly unemployment rates are made public by CMIE on 1st January 2023.

Detailed explanation-4: -Haryana is the top region by unemployment rate in India. As of last month, unemployment rate in Haryana was 37.38 %. The top 5 regions also includes Rajasthan, NCT of Delhi, Bihar, and Jharkhand.

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