India's employment rose by 36% (17 million jobs) from 2016-17 to 2022-23, challenging "jobless growth."

India's employment rose by 36% (17 million jobs) from 2016-17 to 2022-23, challenging the notion of "jobless growth." During this time, the GDP grew at an average of over 6.5%. The Worker Population Ratio increased by nearly 26% from 2017 to 2023. Looking ahead, India's real GDP is projected to grow by 8.2% in FY 2023-24, surpassing the 7% growth of the previous fiscal year, indicating strong economic performance.

October 05, 2024
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