18.9 million people to be unemployed by 2019

Unemployment rate is expected to remain static at 3.5%

GN Bureau | March 20, 2018


#Employment Exchange   #Jobs   #Unemployment   #National Employment Policy  
Representational image
Representational image

There are going to be 18.9 million unemployed people in the country by 2019, parliament was informed.

Union minister Santosh Kumar Gangwar said that the International Labour Organisation (ILO) has released a report “World Employment and Social Outlook Trends – 2018”. As per the report, it is projected that the number of unemployed persons in India is expected to rise from 18.3 million in 2017 to 18.6 million in 2018 and 18.9 million by 2019. At the same time, unemployment rate is expected to remain static at 3.5% during the same period.

Read: Unemployed exchanges


The minister said that employment generation and improving employability is the priority concern of the government. Further, the government has taken various steps for generating employment in the country including reserved category like encouraging private sector of economy, fast tracking various projects involving substantial investment and increasing public expenditure on schemes like Prime Minister’s Employment Generation Programme (PMEGP) run by Ministry of Micro, Small & Medium Enterprises, Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and Pt. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) schemes run by ministry of rural development and Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) run by ministry of housing & urban poverty alleviation.

In addition, MUDRA and Start-Ups schemes are initiated by the government for facilitating self-employment. In order to improve the employability of youth, around 22 Ministries/Departments run skill development schemes across various sectors.

The government has also implemented the National Career Service (NCS) Project which comprises a digital portal that provides a nation-wide online platform for jobseekers and employers for job matching in a dynamic, efficient and responsive manner and has a repository of career content.

A scheme called Pradhan Mantri Rojgar Protsahan Yojana has been launched in the year 2016-17 for incentivising industry for promoting employment generation. Under this scheme employers would be provided an incentive to enhance employment where the government will pay the employer’s contribution of 8.33% EPS made for the new employees. In textiles (apparel and made-up) sector, the government will also pay the 3.67% EPF contribution of employers in addition to paying the 8.33% EPS contribution.
 

Comments

 

Other News

On a personal note: Javed Jaffrey

After his much-appreciated debut in Meri Jung in 1985, Javed Jaffrey inspired a new generation of dancers. He then turned from dance to comedy. The versatile actor constantly changes his styles and his live, film, TV and radio appearances always promise novelty and surprise. In 2014 he joined the Aam A

Allegations against CJI: Inquiry will strengthen the independence of the judiciary

Yes, we must stand rock solid with the judiciary and the judges. We must protect the independence of the judiciary too. What does this mean in the present context of a very serious charge of sexual harassment levelled by a former employee of the court against the CJI?  We are told that there is a larg

“Managing data is challenging”

The Centre for Railway Information Systems (CRIS) is a society set up by the railways ministry in July 1986 to provide IT related services to the Indian Railways. CRIS deals in a gamut of functions, like passenger ticketing, freight operations, train dispatching and control, crew management, e-procurement,

A boost to those who need it most

What are 600 million people? Almost twice the population of the US. What are 500 million people? About three-fourth of the population of Europe. Why are we talking about these numbers? Well, because as per a study by Sandhya Krishnan and Neeraj Hatekar (‘Rise of New Middle Class in India and Its

Expanding Eureka!

Abright yellow van with figures of children playing with a whirligig, a Newton’s cradle, a magnetic compass rolls into the Government Higher Primary School in Kittaganahalli, on the outskirts of Bengaluru. Students in the playground leave what they are doing and mill about it in excitement. For they

The spark in the classroom

Not many children dream of starting an idyllic school of their own when they grow up. But Ramji Raghavan, founder of the Agastya International Foundation – which fosters the creative learning of science in stude



Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter