India's April unemployment rate increases to 7.6%, says CMIE

India's unemployment rate in April rose to 7.6 per cent, the highest since October 2016, and up from 6.71 per cent in March, according to data compiled by the Centre for Monitoring Indian Economy (CMIE) released late on Wednesday.

"The lower unemployment rate in March was a blip, and it has again climbed following the trend of earlier months," Mahesh Vyas, head of the Mumbai-based CMIE think-tank, told Reuters.

The figures could be bad news for Prime Minister Narendra Modi during a staggered general election that will end on May 19, with opposition parties criticising the government over weak farm