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J&K's Unemployment Rate Is A Staggering 18.3%. The National Average Is...

J&K's Unemployment Rate Is A Staggering 18.3%. The National Average Is...

NDTV
Wednesday, July 26, 2023 12:42:07 PM UTC

The estimates for the unemployment rate specifically among the educated are not available for the period between April and June 2021, the Centre said.

The unemployment rate in Jammu and Kashmir, on a steady rise, stands at a staggering 18.3 per cent, the Ministry of Home Affairs (MHA) informed Rajya Sabha today. The national average, interestingly, stands at around eight per cent now.

The estimates for the unemployment rate specifically among the educated are not available for the period between April and June 2021. "However, according to a survey conducted between July 2020 and June 2021, the estimate of the unemployment rate among the people of Jammu and Kashmir in the age group of 15-29 years was 18.3 per cent," the Minister of State for Home Affairs, Nityanand Rai, told the Upper House.

The government in J&K has introduced several initiatives to bring down unemployment, implementing various self-employment schemes through different departments, and providing subsidized loans for the establishment of sustainable income generation units, the minister said.

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