India has the least unemployment rate in the world based on the International Labour Organisation (ILO) report, but the government is not satisified with it, Labour and Employment Minister Santosh Kumar Gangwar said in the Rajya Sabha Wednesday.
As per the ILO report, unemployment rate stood at 3.5 per cent in India, against 4.7 per cent in China and 4.2 per cent in Asia Pacific, he said during the Question Hour.
The Minister also said that the data given before the general elections was not true.
"India has least unemployment rate in the world based on ILO report. ...India's situation is better than other countries, but we are not satisfied with it," Gangwar said.
The Prime Minister is talking about reforms. There is no dearth of jobs in the country, but people want stable and government jobs, he added.
To a query on decline in jobs in the informal sector, the Minister said: "We have no information on decline in the informal sector."
The Minister said: Interview is scrapped for D category posts, it is benefitting. About 10-12 per cent jobs are getting vacant each year, we are in the process of filling them up. It takes one year to offer a job in this process."