Watch | How Unemployment Figures Contrast Against the Modi Govt’s Claims

The NSSO report has revealed that the rate of unemployment was the highest in India in 2017-18 as compared to the last 45 years. The Wire’s founding editor M.K. Venu analyses the state of employment in the country.

The NSSO report has revealed that the rate of unemployment was the highest in India in 2017-18 as compared to the last 45 years.

This data was collected by the NSSO between July 2017 and June 2018 – and is the first official survey that at the country’s employment situation after Prime Minister Narendra Modi announced the demonetisation of high-value currency notes in November 2016.

Youth unemployment was much higher in 2017-18 than in previous years, according to the government report, and “much higher compared to that in the overall population”.

The Wire‘s founding editor M.K. Venu analyses the state of employment in the country.

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Author: M.K. Venu

M.K. Venu is a Founding Editor of The Wire. As an active economic and political writer, he has held leadership roles in newspapers such as The Economic Times, The Financial Express and The Hindu. He has written extensively on economic policy matters for over a quarter century after India opened up its economy in 1991. He wrote regular political economy columns on the edit pages of The Economic Times, Financial Express and Indian Express over the past two decades. He also hosted a regular political-economy discussion called ‘State of the Economy’ on the national public broadcast channel RSTV. He has also been invited by Parliamentary Committees to give his views on public policy matters. He is on Twitter @mkvenu1.