What is the current unemployment rate in India?

Is the Economy of India very bad?Unemployment Rate very high and iflation rate also very high,what causes it?

• Answer:

  You're right.It has high inflation,high interest rate and slow progress on economic reform.There are corruption scandals that creates barriers to reform. It uses fuel subsidy so that it has caused high budget deficit, and worsening current account.It uses also capital control to stabilize the exchange rate which hampers economic reform and growth. So many people cannot get out of poverty.It will be very hard to improve productivity and competitiveness of the country.The best thing it can do is agriculture,but for exports more than feeding its own population.