Unemployment crisis in India a matter of concern for all
A nation runs on the functioning of its citizens, including people involved in business, service, agriculture and labour, who work to shape the economy.
However in the last six months the unemployment rate in India has elevated drastically.
According to a recent report by CMIE (Centre of Monitoring Indian Economy), the unemployment rate has increased from 7.43% in July to 8.35% in august.
India also witnessed the highest unemployment rate in April and May. About 122 million people have lost their jobs due to the pandemic, most of who are small scale traders and labourers.
Despite these alarming statistics, the government has done nothing to prevent the consequences of this crisis.
As a youth with my future ahead of me, the economic situation in our country is very concerning.
We must stop blaming the pandemic and urge the government to take concrete action in this regard.