Editorial photo #10059508 Economy, Business and Finance

Indian Economy

Centre for Monitoring Indian Economy (CMIE) said around 20.3 million people entered the labour force in April in rural India resulting in a total of 321.2 million persons in the rural labour force and a 2.7 percentage point increase in the rural labour participation rate to 43.6% in April. India's unemployment rate increased to 8.11% in April from 7.8% in the previous month due to a rise in the labour participation rate (LPR) to 41.98% from 39.77%. A daily wage carpenter was in a home to make cheap wooden Items at minimum labour cost at Tehatta, West Bengal; India on 19/05/2023. (Photo by Soumyabrata Roy/NurPhoto)