Business
India’s Unemployment Rate Declines To 5.1% In August; Details Here
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Male unemployment drops to 5% in August, its lowest level in five months, while the Female Worker Population Ratio (WPR) rises to 32% in August.
The data indicates that India’s job market is gradually strengthening, supported by rising participation rates and a consistent fall in unemployment, especially among women.
India’s labour market continued to show positive momentum in August 2025, with the overall unemployment rate easing to 5.1%, according to the Periodic Labour Force Survey (PLFS) released under the Current Weekly Status (CWS). This marks the second consecutive month of decline after the rate fell from 5.6% in June to 5.2% in July.
Male unemployment dropped to 5% in August, its lowest level in five months, highlighting a steady improvement in labour market conditions for men. On the other hand, female participation indicators showed notable progress, pointing towards greater workforce engagement by women.
The Female Worker Population Ratio (WPR) rose to 32% in August, compared to 31.6% in July and 30.2% in June. The overall WPR also edged up to 52.2%, reflecting a broader increase in employment across genders.
Similarly, the Female Labour Force Participation Rate (LFPR) climbed to 33.7% in August, up from 33.3% in July and 32% in June, underlining an encouraging trend in women entering the labour force.
The data indicates that India’s job market is gradually strengthening, supported by rising participation rates and a consistent fall in unemployment, especially among women.
Meanwhile, last week, Union Labour & Employment Minister Mansukh Mandaviya highlighted how employment generation has taken place across sectors in tandem with India’s rapid economic growth and underlined the schemes, including Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) that have contributed towards the same.
Mandaviya said that these partnerships would make suitable employment opportunities as well as structured mentoring available to jobseekers, particularly in light of PM-VBRY coming into effect in August this year.
Under PM-VBRY, Rs 99,446 crore is allocated towards incentivising the creation of over 3.5 crore jobs in two years, of which 1.92 crore will benefit first-time entrants to the workforce.
Minister of State for Labour and Employment Shobha Karandlaje had also noted that NCS has emerged as India’s premier platform for digital employment facilitation, offering job matching, counselling, and skilling at one place.
The partnership with Mentor Together is expected to reach 2 lakh youth in its first year, including 1 lakh from NCS and 1 lakh PM-VBRY entrants, delivering personalized career mentoring with city and district-level outreach, so that no jobseeker is left behind, she added.
It will also enable first-time job seekers, particularly those from underserved backgrounds, to access personalized guidance from over 24,000 trained professionals.
The MoU renewal with Quikr aims to further strengthen the employment ecosystem by integrating over 1,200 daily job listings across 1,200 plus cities from Quikr Jobs into the NCS portal.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
September 15, 2025, 16:50 IST
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Business
E-cheques coming soon? RBI unveils Payments Vision 2028, plans wider oversight of digital players – The Times of India
The Reserve Bank of India (RBI) on Friday unveiled its ‘Payments Vision 2028’ document, outlining a roadmap that includes exploring electronic cheques, expanding regulatory oversight to digital platforms, and strengthening safeguards in the fast-growing payments ecosystem, PTI reported.The central bank said it will examine the introduction of e-cheques to combine the advantages of paper instruments with the speed and reliability of digital payments. “To leverage the unique benefits of paper-based instruments and the speed and reliability of electronic payments, and cater to new business use cases, the introduction of electronic cheques in India shall be explored,” the RBI said.Alongside, the RBI is considering widening the regulatory ambit to include entities such as e-commerce marketplaces and centralised platforms that play a growing role in facilitating digital transactions.“In addition, e-commerce marketplaces and centralized platforms have been assuming significant responsibilities that could have implications on the orderly functioning of the payments ecosystem. These aspects shall be examined in detail and, if required, the scope of direct regulations shall be extended to cover such entities,” the document said.The vision document also proposes allowing users to enable or disable transactions across digital payment modes, similar to controls available for card transactions.To address fraud risks, the RBI is exploring a “shared responsibility framework” under which both the issuing bank and the beneficiary bank would share liability in cases of unauthorised digital transactions.The central bank also plans to review cheque design and security features, introduce a Domestic Legal Entity Identifier (DLEI) framework for better transaction traceability, and bring in a Cyber Key Risk Indicators (KRI) framework for non-bank payment system operators.Other initiatives include exploring white-label solutions in the Aadhaar Enabled Payment System (AePS), developing interoperability in the Trade Receivables e-Discounting System (TReDS), and introducing a ‘Payments Switching Service’ to ease customer migration across platforms.The RBI said it will also review the cross-border payments ecosystem to improve efficiency and streamline authorisation processes, alongside publishing periodic reports on global and domestic payment trends.Additionally, the central bank aims to enhance access to payment data and reimagine the card payments ecosystem by promoting secure tokenisation, improved transparency in pricing, and greater choice for users and merchants.
Hyderabad: Pharma player Hetero on Friday said it has rolled out exports of its generic semaglutide injection portfolio as part of a multi-year plan to widen access to treatments for type 2 diabetes and obesity in more than 75 countries.The Hyderabad-based pharmaceutical company said initial rollouts are under way in Africa, Asia and the Middle East, with additional launches planned in other markets subject to regulatory approvals.The injectable therapies will be sold under the brand names Truglyx, Rolmodl and Moto G. Semaglutide belongs to the GLP-1 class of medicines, which are used in diabetes care and weight management.Hetero said the export launch is part of its broader strategy to improve access to advanced cardio-metabolic therapies, particularly in emerging markets.The company said the products will be offered in multi-dose disposable pen devices designed in line with innovator formats and will be available in several strengths, including 0.25 mg, 0.5 mg, 1 mg, 2 mg, 1.7 mg and 2.4 mg, allowing dosing flexibility for both diabetes and obesity treatment.Hetero said it is also awaiting approval from India’s Central Drugs Standard Control Organisation (CDSCO) after completing clinical trials in type 2 diabetes and obesity and plans an India launch after regulatory clearance.Hetero managing director Dr Vamsi Krishna Bandi said the company aims to provide high-quality, affordable generic semaglutide through a single global product platform backed by its manufacturing and development capabilities.He said Hetero would use its commercial networks across Asia, the Middle East, Africa and Latin America to support supply and access. The Hyderabad-headquartered Hetero operates in more than 145 countries and employs over 30,000 people.
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