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India’s unemployment rate set to fall – report
The jobs market in the nation of 1.4 billion people is being transformed thanks to surging economic growth, the ORF think tank says India’s unemployment rate is expected to fall from 4.47% to 3.68% by 2028, a report by the Observer Research Foundation (ORF) think tank has projected. The service sector will lead the way in terms of job creation as the country’s GDP moves towards the $5 trillion mark by 2027. As India approaches its goal of becoming a $5 trillion economy, employment could rise by 22%, the ORF report predicts. To reach its target, the economy needs to maintain its current growth rate. India recorded

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