DECLINE IN EMPLOYMENT OPPORTUNITIES DUE TO APPRECIATION OF RUPEE

Estimates of employment and unemployment are obtained through quinquennial labour force surveys conducted by National Sample Survey Organisation. Last such survey was conducted during 2004-05. As per last two quinquennial rounds of National Sample Survey Organisation (NSSO) on employment and unemployment, employment opportunities on usual status basis have increased from 397 million in 1999-2000 to 459.1 million in 2004-05. No study has been conducted by the Ministry of Labour & Employment to assess the impact of appreciation of rupee against dollar. This information was given by the Minister of State for Labour and Employment Shri Oscar Fernandes (Independent Charge) in a written reply in the Lok Sabha today.

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