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Telangana sees a sharp decline in unemployment rate

The rural unemployment rate fell from 65 in 2017-18 to 34 in 2020-21, while the urban unemployment rate fell from 94 to 77 during the same period. The unemployment rate was calculated for every 1,000 people living in the state.

In rural India, the unemployment rate fell from 53 in 2017-18 to 33 in 2020-21. During the same time period, it fell from 78 to 67 in urban areas.

According to the Reserve Bank of India’s most recent Handbook of Statistics, rural Telangana’s unemployment rate has been cut in half.

As a result, the overall rural unemployment rate fell from 65 per 1,000 people in 2017-18 to 34 per 1,000 people in 2020-21. While the male unemployment rate fell from 72 percent in 2017-18 to 43 percent in 2020-21, the female unemployment rate fell from 50 to 22 percent.

According to officials, the rural unemployment rate has dropped dramatically in comparison to urban areas as a result of the Telangana government’s proactive measures to promote agriculture and allied sectors on a large scale. As a result, the majority of villages in the state experienced significant growth in their rural economies.

Telangana’s urban unemployment rate fell significantly from 94 in 2017-18 to 77 in 2020-21. During the same time period, the urban male unemployment rate fell from 85 to 65, while the female unemployment rate fell from 126 to 111. The urban unemployment rate in India fell from 78 in 2017-18 to 67 in 2020-21.

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Telangana recorded the lowest unemployment rate in January, at 0.7 percent, followed by Gujarat (1.2 percent), Meghalaya (1.5 percent), and Odisha (1.8 percent).

Haryana had the highest unemployment rate of 23.4 percent, followed by Rajasthan, which had an 18.9 percent rate.

According to CMIE data, the number of unemployed people in India was estimated to be 53 million in December 2021, with a large proportion of women.

 

 

 

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