Unemployed forced to hit the streets: Rahul Gandhi

Rahul Gandhi has slammed the government on the issue of unemployment and said that the PM and the Finance Minister seemed incapable of addressing the issue

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NH Web Desk

Rahul Gandhi has slammed the government on the issue of unemployment and said that the PM and the Finance Minister seemed incapable of addressing the issue.

The crisis, he warned, was acquiring dangerous dimensions and if urgent steps were not taken by the Government, the youth will be forced to hit the street.

“The biggest issue that the country is facing is unemployment but neither Modi nor Kejriwal had done anything to address the crisis and generate employment,” he said.

“The country cannot progress without the communal harmony in the country and if the country will not progress then how the youths will get the employment,”said Rahul Gandhi.

He said within one-year youths of the country will be on streets against Prime Minister Narender Modi.

India's current unemployment rate stands at 7.5 per cent as per Centre for Monitoring Indian Economy (CMIE).

The unemployment rate for graduates stands at 18.5 per cent - more than twice the headline rate, according to data for the end of 2019 compiled by CMIE.

The latest findings from the survey conducted by Centre For Monitoring Indian Economy has been done after interacting with 1.74 lakh households.

The report depicts a substantial increase in the unemployment rate in urban India which stands at 9 per cent compared to the unemployment rate in rural India at 6.8 per cent.

The overall unemployment rate for females is at 17.5 per cent versus 6.2 per cent for males.

In a more drastic increase, the unemployment rate is as high as 26 per cent for urban females.

Mahesh Vyas, CEO, Centre for Monitoring Indian Economy said, "India's headline unemployment rate is at 7.5 per cent but this understates the real problem on hand which is of lack of sufficient jobs for young graduates."

"Nearly one in every four graduates in the mid- to late-twenties who is looking for a job is unable to find a job."

NSO's leaked report last year for financial year 2018-19 suggested unemployment was at its highest in 45 years.

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