As per the Economic Survey of India 2022 - 23, unemployment rates fell from 5.8% in 2018 - 19 to ________ in 2020 - 21. 

Key Points

• As per the Economic Survey of India 2022 - 23, unemployment rates fell from 5.8% in 2018 - 19 to 4.2% in 2020 - 21.
• This indicates a significant improvement in employment conditions over the two-year period.
• The unemployment rate is a crucial indicator of the economic health of a country and reflects the percentage of people who are actively seeking work but are unable to find employment.
• Several government initiatives and economic reforms could have contributed to this decline in unemployment rates.

Additional Information

• The Economic Survey of India is an annual document released by the Ministry of Finance, Government of India, which reviews the developments in the Indian economy over the past financial year.
• It provides a detailed analysis of various sectors and offers insights into the future prospects of the economy.
• The survey also includes statistical data and commentary on economic performance, policy initiatives, and challenges faced by the economy.
• Unemployment rate is typically measured by the Periodic Labour Force Survey (PLFS) conducted by the National Statistical Office (NSO).
• The government continues to focus on generating employment through various schemes and initiatives such as Make in India, Skill India, and Atmanirbhar Bharat.