Indian government to release monthly unemployment figures starting May 15, enhancing transparency and frequency of labor market data.

The Central government is set to introduce a monthly release of unemployment figures, beginning on May 15, with the initial data covering the period from January to March. This move is aimed at enhancing the frequency and transparency of labor market data, marking a significant first for India. In addition to this development, the government is also gearing up to unveil private capital expenditure data by the conclusion of April. Furthermore, there are plans to broaden data collection efforts to incorporate the service and informal sectors, providing a more comprehensive overview of the country’s economic landscape.

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