Amid the ongoing slowdown in the economy, the joblessness rate in October rose to the highest since August 2016, the Centre for Monitoring Indian Economy (CMIE)on Friday showed. The unemployment rate is up from 7.2 per cent in September this year, the data also showed. While the urban unemployment rate was recorded at 8.9 per cent, rural rate came at 8.3 per cent, the CMIE data also showed. It comes as the output of eight core industries contracts 5.2 per cent in September from the years. Seven of eight sectors witnessed negative growth, according to official data released on Thursday.
The REKHA SAHAY Corner! 
I completely agree with you. In my opinion, Apart from
Hyper nationalism and Religious Polarisation , crony capitalism is also affecting the growth.
Thank you.
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Yes,
Crony capitalism was there from ancient time. But it wasn’t ruling the country.
Yes , let’s hope for the best.
Thanks for sharing your views.
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That is very devastating, also reading the comments here.
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It’s a bad time for Indian youth. We are not utilising their energy at the fullest. you must be knowing, india is a young country-
India has more than 50% of its population below the age of 25 and more than 65% below the age of 35. It is expected that, in 2020, the average age of an Indian will be 29 years.
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Is this part of, that so many young Indian people move to the Western, like USA, I have noticed in the computer industry that there are so many younger Indian people.
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Yes, you are absolutely right.
Our children and youth are doing really good but they lack opportunity here.
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Thanks for sharing these types of news in your blog
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Wellcome.
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