AGARTALA, April 4 (TIWN): The unemployment rate in India has increased in past 3 months. Not only has it increased, but it has also reached its highest level in the last 3 months. This latest report was released by the Center for Monitoring Indian Economy (CMIE). In March, the country's unemployment rate stood at 7.8 % and this rate was 7.5 % in February.

The unemployment rate in the cities was 8.4 % in March, and in villages this rate was 7.5 % according to CMIE data. The increasing rate of unemployment will increase the concern of ruling party about the country's economy, according to the survey. Report says, almost all the countries of the world have to deal with the turbulent situation of international politics.  Even if the recession is avoided, the country's economy has to fight with inflation.  According to a source of the Reserve Bank, they are going to increase the rate to prevent inflation, which means the middle class will have to multiply the interest in taking loans. 

The news agency of the survey Agency told PTI that the rise in the unemployment rate last month was driven by a sharp decline in the Labor force participation rate in the industrial sector, which has not been stopped yet.    

The survey released that if new Job sections have not been created then the Unemployment Rate in the Country cannot be curbed.