Business / India's unemployment rate highest since 2016: Report

India Today : Mar 07, 2019, 01:14 PM
The unemployment rate in India rose to 7.2 percent in February 2019, the highest since September 2016, and up from 5.9 percent in February 2018, according to data compiled by the Centre for Monitoring Indian Economy (CMIE) that was released on Tuesday. The figures will be unwelcome news for Prime Minister Narendra Modi ahead of general election due to be held by early May. Government has released data of jobless rate