Jobless Growth

Report expresses concern over number of youth in NEET, which stood at 20.4% globally

However, the unemployment rate for the youth (15-29 age group) declined to 17.3 per cent in Q2 from 17.6 per cent in the June quarter

The unemployment rate among the youth in urban India stood at 20.2 per cent in the year-ago period

India's unemployment rate rose to 8.0% in November, highest in three months, from 7.77% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed

It has sacked over 1,100 employees, so far, amid funding winter

On inflation, he said that though it's a concern from the business angle, it can nevertheless provide a minimum threshold of returns on productive assets

The jobless rate decreased to 11.7 per cent in Q1 compared to 12.6 per cent in the Q4

Sanyal adds the government expects the fiscal deficit target of 3.3% of GDP to be met

A jobless growth a situation in which an economy recovers from a recession but the jobs market doesn't

He says economy cannot grow at such a rapid pace without adding new jobs and investment