BY A STAFF REPORTER: Kaushik Basu, former chief economic adviser to the central government, has expressed concern over the unemployment rate in the country. He tweeted that, 'India’s unemployment rate in August shot up to 8.3%. This is the highest in 12 months, according to CMIE data. This is causing extra hardship because it is happening amidst high inflation. This is where we need to focus all policy attention.'
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