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Unemployment rate in India has shot up to a five-year high of 5 per cent in 2015-16, with the figure significantly higher at 8.7 per cent for women as compared to 4.3 per cent for men.
- About 77 per cent of the households were reported to be having no regular wage/salaried person.
- In rural sector, unemployment rate was 5.1 per cent whereas in urban sector, the rate was 4.9 per cent under the UPS approach.
- The figure was significantly higher among females compared to males. Female unemployment rate was estimated to be 8.7 per cent, whereas for males it was 4.3 per cent.
- In urban areas, female unemployment rate was estimated to be 12.1 per cent at pan-India level compared to 3.3 per cent for males and 10.3 per cent for transgenders.

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Unemployment rate in India has shot up to a five-year high of 5 per cent in 2015-16, with the figure significantly higher at 8.7 per cent for women as compared to 4.3 per cent for men, says a report by Labour Bureau. The figures could be an alarm bell for BJP-ruled government at the Centre, which has taken a series of steps such as 'Make in India' to create jobs for inclusive growth in the country.

According to the fifth annual employment-unemployment survey at all-India level, about 77 per cent of the households were reported to be having no regular wage/salaried person. It said the unemployment rate was estimated to be 5 per cent at all-India level under the UPS (Usual Principal Status) approach. Unemployment rate was 4.9 per cent in 2013-14, 4.7 per cent (2012-13), 3.8 per cent (2011-12) and 9.3 per cent (2009-10). Labour Bureau did not bring out any such report for 2014-15.

"In rural sector, unemployment rate was 5.1 per cent whereas in urban sector, the rate was 4.9 per cent under the UPS approach," the report said. The figure was significantly higher among females compared to males. Female unemployment rate was estimated to be 8.7 per cent, whereas for males it was 4.3 per cent.

In urban areas, female unemployment rate was estimated to be 12.1 per cent at pan-India level compared to 3.3 per cent for males and 10.3 per cent for transgenders. The survey was conducted across all states and union territories during April 2015 to December 2015. A total sample of 1,56,563 households were covered in the survey - 88,783 households in the rural sector and 67,780 in the urban sector.

Topping the chart among the states and union territories was Tripura (19.7 per cent) followed by Sikkim (18.1 per cent), Lakshadweep (16.1 per cent), Andaman & Nicobar islands (12.7 per cent), Kerala (12.5 per cent) and Himachal Pradesh (10.6 per cent).

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India's unemployment rate highest in 5 years in 2015-16

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Unemployment rate in India has shot up to a five-year high of 5 per cent in 2015-16, with the figure significantly higher at 8.7 per cent for women as compared to 4.3 per cent for men, says a report by Labour Bureau.

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Inflation & GDP articles are ok...can you include unemployment or other relevant concepts?
- Mr Pon

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In 2016, there is cooling inflation in India's economy.  -There are observations such as retail and wholesale inflation are going down slope.
-Reserve Bank in India (RBI)'s suggested solution to cut policy rates by another 25 basis points.
-RBI's policy to reduce interest to 1.25 per cent from 1.5 percent coupled with extending the time to achieve 4 per cent inflation by three years. This served as additional space for monetary easing.
-Furthermore, RBI expect inflation to resume for next month as well.

Retail inflation
-India's retail inflation to hit 13 month low.
4.31 per cent in September 2016 as against 5.05 per cent in August 2016
-Effect: Lower retail inflation is good for festive season.
-Pressure point: rising trend in cereal prices, transport and communication services and impact on house rent allowance when announcement on allowance is made by government.
-Other concern: Sustain retail inflation in rural area than urban areas ( Rural CPI-5 per cent, Urban CPI- 3.6 per cent)
Wholesale inflation
-Wholesale inflation eased to 3.57 per cent from 3.74 per cent
-Reason : softening food prices

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In 2016, India's GDP increased 7.1%, which was the slowest in six quarters. This means that the total value of goods produced and services provided in India decreased which slowed down the economy growth of India. The economic activities that contributed growth were manufacturing, utility services, financial and insurance services.

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Indian economy grew at the slowest pace in last six quarters at 7.1 per cent in the April-June period of current fiscal mainly on subdued performance of mining, construction and farm sectors. GDP had recorded 7.5 per cent growth in the April-June quarter of last fiscal and 7.9 per cent in January-March quarter. The previous low was 6.6 per cent GDP growth in the October-December quarter of the 2014-15 fiscal.

According to the data released by the Central Statistics Office (CSO), the Gross Value Added (GVA), which is estimated at the base price, showed a growth of 7.3 per cent in the first quarter of 2016-17.

The Gross Domestic Product (GDP) growth data is calculated under the new methodology at market price, while GVA is calculated primarily at factor cost. GDP is GVA plus taxes on products minus subsidies on them.

The economic activities which registered growth of over 7 per cent in the April-June quarter, over year-ago period, are manufacturing; electricity, gas, water supply & other utility services; trade, hotels, transport & communication and services related to broadcasting; financial, insurance, real estate and professional services and public administration, defence and other services.

Growth in agriculture; forestry and fishing; mining & quarrying and construction is estimated to be 1.8 per cent, (-) 0.4 per cent, and 1.5 per cent respectively.

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India's GDP growth slows down to 7.1 per cent, lowest in six quarters

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Indian economy grew at the slowest pace in last six quarters at 7.1 per cent in the April-June period of current fiscal mainly on subdued performance of mining, construction and farm sectors. GDP had recorded 7.5 per cent growth in the April-June quarter of last fiscal and 7.9 per cent in January-March quarter.