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The 2023 Union Budget of India was presented by the Minister of Finance of India on February 1, 2023. This was the fourth budget of Narendra Modi-led NDA government's second term, starting from 2020. The Economic Survey for 2022–2023 was released on January 31, 2023 before the budget.
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.
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]
The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy.
India is the world's second largest arms importer; between 2016 and 2020, it accounted for 9.5% of the total global arms imports. [278] India exported military hardware worth ₹ 159.2 billion (US$1.9 billion) in the financial year 2022–23, the highest ever and a notable tenfold increase since 2016–17. [279]
This is a list of countries by employment rate, the proportion of employed adults at working age. The definition of "working age" varies: Many sources, including the OECD, use 15–64 years old, [1] but EUROSTAT uses 20–64 years old, [2] the United States Bureau of Labor Statistics uses 16 years old and older (no cut-off at 65 and up), [3] and the Office for National Statistics of the United ...
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The overall employment in the eight selected sectors covered in the quarterly surveys has increased by 10.66 lakh (0.16%). In IT/BPO sector the increase in the employment is maximum (6.9 lakh) during the year 2009–10. Emigration of Labour for employment abroad; Employment services and vocational training