His statement came at a time when the economy plunged to a seven-year low of 5 per cent in April to June quarter from 8 per cent a year ago with a crisis of jobs looming among the youth
Minister of State of Labour and Employment (Independent charge) Santosh Gangwar Pic/Twitter
"I am looking after the same ministry and I monitor the situation on a daily basis. There is no dearth of employment in the country. We have employment exchanges for a purpose and we have also developed a separate system. Our ministry monitors the situation," Gangwar added.
Also Read: What has IMF got to say on India's falling economy?
His statement came at a time when the economy plunged to a seven-year low of 5 per cent in April to June quarter from 8 per cent a year ago with a crisis of jobs looming among the youth. The economic slowdown along with employment has raised concern among economists and politicians who are holding the central government responsible for it.
According to a statement by the Ministry of Statistics and Programme Implementation, the slowdown was the result of a sharp dip in the manufacturing sector and agriculture output.
With inputs from ANI
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