Business Economy


India’s unemployment rate lowest among G20 nations: Mandaviya

New Delhi, Sept 8 (UNI) India’s unemployment rate is 2 per cent, which is the lowest among G20 nations, Labour and Employment Minister Mansukh Mandaviya said today while quoting World Economic Forum 'The Future of Jobs Report 2025.'
“The National Career Service (NCS) platform, with nearly 52 lakh registered employers, 5.79 crore job seekers and over 7.22 crore vacancies mobilized, is now evolving to offer not just job listings, but as a one-stop solution for all employment-related services. ” the Minister said.
He was addressing the gathering at the signing of MoUs between the Ministry of Labour and Employment and ‘Mentor Together’ and ‘Quikr’ here.
“Currently, there are 44 lakh active vacancies on the portal. Over the past year, the Ministry has signed MoUs with 10 key organizations, including Amazon and Swiggy. These partnerships have already mobilized nearly five lakh vacancies,” the Minister added.
Mandaviya recalled that at the very first start of his term, Prime Minister Narendra Modi had announced a package of five flagship schemes with a total budget of Rs 2 lakh crore to support employment, skilling and opportunities for 4.1 crore youth.
The Minister also underscored the importance of employment creation through the growth of services, manufacturing, and agriculture. He noted that the Government has launched transformative schemes such as MUDRA and PM SVANidhi to promote self-employment and entrepreneurship.
Welcoming the collaboration between the Ministry and two organisations, the Minister said, “ These partnerships would make suitable employment opportunities as well as structured mentoring available to job-seekers, particularly in light of the Pradhan Mantri Viksit Bharat Rozgar Yogana coming into effect in August this year.
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