Narendra Modi came in to power with bombastic promises of employment and development. But, today the government’s own data shows that unemployment, particularly among youth, is increasing alarmingly under Mr. Modi’s tenure. According Labour Bureau, unemployment rate among the graduate youth (18 to 29 years) increased from 28%, which already high, to 35% between 2014 and 2015.
Official unemployment rate does not fully capture the levels of unemployment, as it does not consider those who have given up looking for work, to be unemployed. The consequence is that the actual unemployment among graduate would be even higher than 35%.
Courtesy: Newsclick