Unemployment Rate Reduced from 6% to 3.2% Due to Government’s Flagship Schemes: Union Minister Dr. L. Murugan
Prime Minister Shri Narendra Modi distributed over 51,000 appointment letters to newly recruited youth at the 20th Rozgar Mela held across 45 locations. Union Minister Dr. L. Murugan attended the event in Chennai, where he distributed 285 appointment letters and highlighted that government initiatives have reduced the unemployment rate from 6% to 3.2%. He also noted the rise in India's startups to over 2.5 lakh and emphasized the role of youth in achieving a Viksit Bharat by 2047.
Why It Matters
This press release contains important employment and governance statistics that can be useful for objective questions in competitive exams regarding government schemes, unemployment rates, and startup growth.
In Simple Words
Prime Minister Shri Narendra Modi virtually joined the 20th Rozgar Mela across 45 locations, handing out over 51,000 appointment letters to new recruits. Union Minister Dr. L. Murugan participated in Chennai, giving letters to 285 candidates joining various central ministries and bodies.
The Minister credited flagship schemes like Make in India and Start-up India for cutting the unemployment rate from 6% to 3.2% and growing startups from roughly 400 in 2014 to over 2.5 lakh. He urged new government workers to serve the nation with honesty and accountability.
Key Points
- Prime Minister Shri Narendra Modi participated in the 20th Rozgar Mela.
- Appointment letters were distributed to more than 51,000 newly recruited youth.
- The event was organised at 45 locations across the country.
- Dr. L. Murugan distributed 285 appointment letters at D.G. Vaishnav College, Chennai.
- The unemployment rate has declined from 6 per cent to 3.2 per cent.
- Startups in the country increased from around 400 in 2014 to more than 2.5 lakh.
- More than 12.75 lakh appointment letters have been distributed through Rozgar Melas so far.
- Navodaya schools in Tamil Nadu provide quality education to underprivileged students.
Exam Angle
A. 3.2 per cent
Source: Press Information Bureau