Staff Reporter / New Delhi
— Union Minister for Labour & Employment Dr. Mansukh Mandaviya on Monday announced that India’s unemployment rate stands at just 2 percent, the lowest among G20 countries, citing the World Economic Forum’s Future of Jobs Report 2025. Speaking at the signing of MoUs between the Ministry of Labour & Employment and organizations Mentor Together and Quikr, he highlighted India’s strong job creation driven by economic growth and government initiatives.
Dr. Mandaviya emphasized the role of the National Career Service (NCS) portal as a one-stop solution for employment services, with over 52 lakh registered employers, 5.79 crore job seekers, and more than 44 lakh active vacancies currently listed. Partnerships with companies like Amazon and Swiggy have added nearly five lakh vacancies, expanding opportunities nationwide.
The Minister also outlined the government’s flagship schemes worth ₹2 lakh crore aimed at boosting employment and skilling for 4.1 crore youth. A key program, the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), has a budget of nearly ₹1 lakh crore to create 3.5 crore jobs over two years, including 1.92 crore first-time job seekers.
Job growth is not only government-driven but also fueled by the expanding services, manufacturing, and agriculture sectors. Schemes like MUDRA and PM SVANidhi encourage entrepreneurship and self-employment, further contributing to employment generation.
The new partnership with Mentor Together will provide structured mentoring to two lakh youth in its first year, including PM-VBRY beneficiaries, while the renewed MoU with Quikr will add over 1,200 daily job listings from 1,200 cities to the NCS portal, improving access especially in rural areas.
Minister of State for Labour & Employment Shobha Karandlaje praised NCS as India’s leading digital platform for job matching, counseling, and skill development. She said these partnerships will ensure young people receive not just jobs but also the necessary support to succeed.
India’s low unemployment rate reflects the government’s focus on combining digital innovation, public schemes, and private sector engagement to create a vibrant and inclusive job market for its rapidly growing workforce.
