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The state has also one of the lowest poverty rates in India at 8 percent in 2012. [58] Punjab has also seen strong economic growth, but since 2005 the state's growth has fallen below India's national average. [58] Punjab's debt was estimated at 39.8% of the state's GDP in 2020, [1] down from 62% of its GDP in 2005. [59]
The list is compiled from the Report on Periodic Labour Force Survey (2018–19) released by Ministry of Statistics and Programme Implementation, Government of India. [1] Chhattisgarh has the least unemployment rate among the Indian states, while Rajasthan has the highest unemployment rate. (Higher rank represents higher unemployment among the ...
Poverty rate map of India by prevalence in 2022, among its states and union territories. ... Punjab: 4.74 4.76 4.35 10 Haryana: 8.41 4.26 5.30 11 Manipur: 10.95 3.43
According to the International Labour Organization (ILO) – a United Nations agency, unemployment is rising in India and the "unemployment rate in the country [India] will stand at 3.5% in 2018 and 2019 – the same level of unemployment seen in 2016 and 2017", instead of dropping to 3.4% as it had previously projected. [42]
As of 2022–23, 25.2% of the women in Punjab are employed, which was an increase from the rate of 21.9% in year 2021–22. But it was lower than the national average of 36%. [36] As of 2011, the work participation rate of females was 13.9% in Punjab, which was lower than the rate of men at 55.15%.
Labour in India refers to employment in the economy of India. In 2020, there were around 476.67 million workers in India, the second largest after China. [ 2 ] Out of which, agriculture industry consist of 41.19%, industry sector consist of 26.18% and service sector consist 32.33% of total labour force. [ 2 ]
Indian labour law refers to law regulating labour in India. Traditionally, the Indian government at the federal and state levels has sought to ensure a high degree of protection for workers, but in practice, this differs due to the form of government and because labour is a subject in the concurrent list of the Indian Constitution .
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...