Mains Paper II · 2 Andhra Pradesh Economy · 2.1 AP macro economy and demography
2.1.3 Prices, employment and poverty in AP: CPI, PLFS and the MPI
AP's prices ran slightly above the national level in 2024, its unemployment rate (4.1%, PLFS 2023-24) is above India's, but its multidimensional poverty fell to an MPI of 0.025 (2019-21) (SES 2024-25).
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Key terms
- CPI combined
- CPI-IW
- essential commodities
- price monitoring
- PLFS
- LFPR
- WPR
- unemployment rate
- youth unemployment
- multidimensional poverty index
- NITI Aayog
What this note covers
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