INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Unemployment has been a significant issue in India and at the global level for years. In 2020-2021, due to the adverse effects of Covid-19, it had become even more of a major concern for graduates, youths, and people who already possess work experience in their respective fields. This research attempts to find out the impact of economic growth on the unemployment rate in India. Gross Domestic Product (GDP) considering an indicator to gauge the economic growth for this study. The information regarding GDP and unemployment rate has been collected from secondary sources like the Reserve Bank of India (RBI) online bulletin, the textbook- Principles of Economics, and the ILO website. With the help of a Five-year analysis table of GDP, Unemployment, Inflation, and National Income the analysis method is structured. It has been found that all the economic factors are interlinked, a dip in any of these factors may affect a country’s performance worse.
Keywords:
Unemployment, Gross Domestic Product, National income, Inflation, Economic growth, India.
Cite Article:
" An Empirical Study on Economic growth and Unemployment in India", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 1, page no.d405-d411, January-2023, Available :http://www.ijnrd.org/papers/IJNRD2301346.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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