Paper Title
An Empirical Study on Economic growth and Unemployment in India
Article Identifiers
Authors
SABARI VAS L , RAKSHITH M
Keywords
Unemployment, Gross Domestic Product, National income, Inflation, Economic growth, India.
Abstract
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.
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How To Cite (APA)
SABARI VAS L & RAKSHITH M (January-2023). An Empirical Study on Economic growth and Unemployment in India. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(1), d405-d411. https://ijnrd.org/papers/IJNRD2301346.pdf
Issue
Volume 8 Issue 1, January-2023
Pages : d405-d411
Other Publication Details
Paper Reg. ID: IJNRD_186767
Published Paper Id: IJNRD2301346
Downloads: 000121990
Research Area: Management
Country: Chennai, Tamil Nadu, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2301346.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2301346
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition
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