India’s Unemployment at an Alarming 45 Year high in 2017/18 India’s unemployment rate rose to a shocking 45-year high in the last fiscal as reported by the Business Standard. They based their assessment and even quoted a government survey, in the latest bottleneck for Prime Minister Narendra Modi just months before an intensifying election and a day before the eagerly awaited Union Budget. The evaluation by the National Sample Survey Office (NSSO) performed between July 2017-June 2018, indicated the unemployment rate stood at 6.1 percent, the maximum since 1972-73. India’s…
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