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October 3, 2025International Journal For Multidisciplinary ResearchOpen Access

Impact of India’s Economic Growth on Unemployment: A Study

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Authors

DTDinkar TakaleJSJagdish Sable

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Overview

Analysis reveals weak connection between economic growth and unemployment in the Indian economy, indicating a need for targeted job creation.

Key Points

  • The relationship between economic growth and unemployment in India is not as expected, with no significant correlation.
  • Okun's Law suggests an inverse relationship between GDP growth rate and unemployment, but this is unobserved in India.
  • Efforts needed to create more employment opportunities alongside economic growth in India.
  • The government should focus on developing industrial sectors that can generate jobs, benefiting economic stability.

Cite This Study

Takale et al. (2025) studied this question.

synapsesocial.com/papers/68e02f40f0e39f13e7fa2a49https://doi.org/10.36948/ijfmr.2025.v07i05.56905
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