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RAJYA SABHA
The number of unemployed persons in the country has been projected in the 10th Plan to go down from 34.85 million in 2001-02 to 21.15 million in 2006-07 as measured on Current Daily Status (CDS) basis. This signifies a decline of unemployment rate in the Tenth Plan from 9.21% in the beginning to 5.11% at the terminal year of the Tenth Plan. The Tenth Five Year Plan document also gives a scenario where unemployment rate will increase from 9.21% in the beginning to 10.63% at the terminal year of the Tenth Plan if there are no changes in policies.
Industry-wise employment elasticities during 1993-2000 worked out on current daily status basis for the tenth plan period are as follows :-
S.No.
Industry-wise
Elasticities (1993-2000)
1.
Agriculture and Allied (incl. Rural activities)
0.006 ***
2.
Mining and Quarrying
-0.041
3.
Manufacturing
0.33
4.
Electricity, gas and water supply
-0.52
5.
Construction
0.82
6.
Trade, hotels and restaurants
0.62
7.
Transport, storage and communication
0.63
8.
Financing, insurance, real estate and business services
0.64
9.
Community, social and personal services
-0.025
Note- *** including Special Employment Programmes.
This information was given by the Minister of Labour and Employment Shri K. Chandrasekhar Rao in a written reply the Lok Sabha today.
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