Unemployment in the country

Unemployment in the country

GOVERNMENT OF INDIA
MINISTRY OF LABOUR AND EMPLOYMENT

LOK SABHA

UNSTARRED QUESTION NO.173
TO BE ANSWERED ON 22ND JULY, 2024

UNEMPLOYMENT IN THE COUNTRY

173. DR. KALANIDHI VEERASWAMY:

Will the Minister of LABOUR AND EMPLOYMENT be pleased to state:

(a) whether the Government is aware that the country is gripped by unprecedented rising unemployment;

(b) whether the Government is aware that unemployment in the organized/unorganized sector is at its peak;

(c) if so, the details thereof and the reasons therefor;

(d) whether the Government is aware that unemployment has increased manifold during the last 10 years;

(e) if so, the details thereof and the reasons therefor; and

(f) the steps taken/to be taken by the Government to emerge from this?

ANSWER
MINISTER OF STATE FOR LABOUR AND EMPLOYMENT

(SUSHRI SHOBHA KARANDLAJE)

(a) to (f): The data on Employment and Unemployment is collected through Periodic Labour Force Survey (PLFS) which is conducted by the Ministry of Statistics and Programme Implementation (MoSPI) since 2017-18. The survey period is July to June every year.

As per the latest available Annual PLFS Reports, the estimated Unemployment Rate (UR), including organized/unorganized sector on usual status for persons of age 15 years and above during the years 2017- 18 to 2022-23 are as follows:

(in %)

The data indicates that the unemployment rate in the country has declining trend.

Employees’ Provident Fund Organization (EPFO) Payroll Data gives an idea of the level of employment in the formal sector. More than 1.3 crore net subscribers joined EPFO during 2023-24. Moreover, during last six and half years (since September 2017 to March 2024) more than 6.2 crore net subscribers have joined EPFO indicating increase in formalization of employment.

The KLEMS (K: Capital, L: Labour, E: Energy, M: Materials and S: Services) database published by Reserve Bank of India’s (RBI) provides employment estimates at all India level. As per the latest data of the database, provisional estimates for 2023-24, employment in the country increased to 64.33 crore in year 2023-24 compared to 47.5 crore in 2017- 18. Total increase in employment during 2017-18 to 2023-24 is about 16.83 crore.

Employment generation coupled with improving employability is the priority of the Government. Accordingly, the Government of India has taken various steps for generating employment in the country.

The various Ministries/ Departments of Government of India like Ministry of Micro, Small & Medium Enterprises, Ministry of Rural Development, Ministry of Housing & Urban Affairs, Ministry of Finance, Ministry of Textile, etc. are implementing different employment generation schemes/ programmes like Prime Minister’s Employment Generation Programme (PMEGP), Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), Pt. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY), Rural Self Employment and Training Institutes (RSETIs), Deen Dayal Antodaya Yojana-National Urban Livelihoods Mission (DAY-NULM), Pradhan Mantri Mudra Yojana (PMMY), etc. The details of various employment generation schemes/ programmes being implemented by the Government of India may be seen at https://dge.gov.in/dge/schemes_programmes.

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