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India unemployment rate “falling” – Retail in Asia

Retail in Asia

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India unemployment rate “falling”

India’s unemployment rate has declined in spite of the global slowdown, the government says.

Labour and Employment Minister Mallikarjun Kharge said the unemployment rate had declined to 6.6 percent in 2009-10 from 8.3 percent in 2004-05.

He attributed the drop to "success of public employment policies".