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LATEST NEWS UPDATES | Joblessness woes fade away in rural India; unemployment falls to below pre-pandemic levels -Samrat Sharma

Joblessness woes fade away in rural India; unemployment falls to below pre-pandemic levels -Samrat Sharma

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published Published on Sep 21, 2020   modified Modified on Oct 10, 2020

-Financial Express

The latest figure shows that the joblessness in the rural areas is now lower than the pre-pandemic levels.

The unemployment rate in rural India significantly fell to 5.21 per cent in the last week, according to CMIE’s weekly employment data. The latest figure shows that the joblessness in the rural areas is now lower than the pre-pandemic levels. Though the rising number of jobs plays a major role in reducing unemployment, the exit of workers from the labour market also contributes in cutting the unemployment numbers, as workers who do not want jobs are not treated as unemployed. However, amid the large scale movement of migrant workers towards villages, the government has rolled out various schemes to help them earn livelihoods in the hinterland.

During the nationwide lockdown, 1.04 crore migrant workers returned to their home states, Santosh Kumar Gangwar, MoS, Ministry of Labour and Employment, said in a reply to a question in Lok Sabha. Further, the modifications in MGNREGA and the launch of PM Garib Kalyan Rojgar Abhiyaan helped in generating jobs in the rural areas.

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Financial Express, 21 September, 2020, https://www.financialexpress.com/economy/joblessness-woes-fade-away-in-rural-india-unemployment-falls-to-below-pre-pandemic-levels-mgnrega/2088341/?fbclid=IwAR18xL7lfPO_asltd_UKWFBhP5meHQp2oeYvIDlNXzvWf6_1ezUVQhmwhZs


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