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    <title>INDIAN LABOUR MARKET WITNESSES IMPROVEMENT IN LAST SIX YEARS WITH THE UNEMPLOYMENT RATE DECLINING TO 3.2 PER CENT IN 2022-23</title>
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    <description>The Survey records declining unemployment alongside rising labour force participation and worker-population ratios, with notable increases in youth and female employment. Organized manufacturing recovered above pre-pandemic levels and contributed to factory employment growth while rural nominal wages rose, supporting demand. Policy measures credited for these outcomes include EPFO payroll expansion, Aatmanirbhar Bharat Rojgar Yojana, Production Linked Incentive schemes, National Career Service and e-Shram portals, credit access reforms for self-employment, and consolidation into labour codes to promote formalisation, social security and job creation.</description>
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