look news india
In the financial year 2018, 34.7 percent of the country's total population had jobs. According to RBI data, this number has increased to 44.2 percent in the financial year 2024.
According to the KLEMS database of the Reserve Bank of India, the number of employed people was 47.5 crores in the financial year 2018, which has increased to 64.3 crores in 2024. That is, 16.8 crore people have got jobs during the financial year 2018 to 2024.
This database was prepared covering 27 industries. RBI's KLMS data provides information on five key inputs in production: capital (K), labour (L), energy (E), materials (M) and services (S).
The 27 industries covered in this database include agriculture, hunting, forestry and fisheries, mining, manufacturing, electricity, gas, water supply, construction, and service sectors.
According to RBI data, the unemployment rate was 2.2 per cent in FY 2018, which will come down to 1.4 per cent in FY 2024.
According to this data, the proportion of educated workers is increasing in high-skill activities such as financial and business services, education and health.
According to the Periodic Labour Force Survey (PLFS) and RBI's KLEMS data, India has created 8 crore employment opportunities between 2017-18 and 2021-22. Despite the Corona period, 2 crore jobs have been created every year.
According to the data of National Pension System (NPS), a total of 7,75,000 new members of central and state governments have joined NPS during the financial year 2023-24. This number was 5.94 lakh in 2022-23. That is, an increase of 30 percent has been seen in 2023-24.
