Why in news?
- According to the latest data (5 April 2022) released by the Centre for Monitoring Indian Economy (CMIE), Chhattisgarh has been ranked first among states with the lowest unemployment rate of 0.6 percent in the country.
- The overall Unemployment rate in India has decreased to 7.6 percent (March 2022) from 8.10 percent in February 2022.
- As per the data, Haryana has the highest unemployment rate at 26.7 per cent.
Reasons for Decline:
- The Chhattisgarh government had adopted a new model of development on lines of Mahatma Gandhi’s vision of ‘Gram Swaraj’ envisaging inclusive development of the state and launched various schemes including Suraji Gaon Yojana, Narva-Garva-Ghurva-Bari programme, Godhan Nyay Yojana, Rajiv Gandhi Kisan Nyay Yojana etc. for boosting the rural economy.
- The state government has also set up the ‘Chhattisgarh Employment Mission’ intending to create around 15 lakh new employment opportunities in the next five years.
States with Highest Unemployment rate
- Haryana – 26.7%
- Rajasthan- 25%
- Jammu and Kashmir- 25%
- Jharkhand- 14.5%
States with Lowest Unemployment rate
- Chhattisgarh- 0.6%
- Madhya Pradesh- 1.4%
- Karnataka- 1.8%
- Gujarat- 1.8%