DIMAPUR — Nagaland
was listed among 15 states/union territories to register more than a 10
percentage point increase in worker-to-population ratio (WPR) in the country’s
latest labour force survey, according to the Economic Survey 2024-2025.
The survey was tabled by Finance Minister Nirmala Sitharaman
in the Parliament on Friday. “The 2023-24 annual Periodic Labour Force Survey
(PLFS) report by the National Statistical Organisation (NSO) highlights a
significant post-pandemic recovery in employment trends across India.
“The all-India annual unemployment rate (UR) for individuals
aged 15 years and above (usual status) has steadily declined from 6% in 2017-18
to 3.25 in 2023-24. This recovery has been accompanied by an increase in the
labour force participation rate (LFPR) and the worker-to-population ratio
(WPR). Moreover, even under the stricter current weekly status (CWS) criteria,
employment levels have rebounded strongly in both urban and rural areas,
reflecting a broad-based recovery since the COVID-19 pandemic,” the report
read.
The states/UTs with more than 10 percentage points increase
in WPR are Nagaland, Arunachal Pradesh, Tripura, Jharkhand, Assam, Odisha,
Uttarakhand, Sikkim, Gujarat, Rajasthan, Puducherry, Himachal Pradesh, Madhya
Pradesh, and Uttar Pradesh.
The survey also released data regarding state-specific
patterns in industrial and service gross state value added (GSVA).
Per this analysis, the states were classified into four
distinct categories based on their service and industrial performance in terms
of per capita GSVA: states with high per capita industrial GSVA, states with
strong service sector performers, states with dual strengths—industrial and
service, and states with reform potential.
“While the need for business reforms cuts across states in
general, the fourth category specifically includes states that have significant
potential for reform-led development. These states are Arunachal Pradesh,
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Manipur, Meghalaya, Nagaland,
Rajasthan, Tripura, Uttar Pradesh, and West Bengal,” the report read.
GST reliance
According to the Economic Survey, GST was the main source of
revenue among own revenue receipts (ORR) for 23 states—with Manipur and
Nagaland registering the highest reliance at 78% and 72%, respectively.
Also, the report flagged that rules under the Real Estate
(Regulation & Development) Act, 2016 (RERA) have been notified in all
states and union territories, except Nagaland, with various regulatory
authorities established.
“About 1.38 lakh real estate projects and 95,987 real estate
agents have been registered under the Real Estate Regulatory Authority as of
January 6, 2025, it informed.
