Full Form of LBI

What is LBI?

The Labour Bureau of India (LBI) is a government agency under the Ministry of Labour and Employment that is responsible for collecting, compiling, and publishing labour-related statistics. It conducts periodic surveys on employment, wages, working conditions, and industrial relations across various sectors of the Indian economy. The LBI plays a crucial role in shaping policy by providing data that informs decisions on minimum wage fixation, social security schemes, and labour law enforcement. Its reports are widely used by economists, researchers, and policymakers, and are frequently cited in academic and government documents. For students preparing for competitive exams such as UPSC, SSC, and banking, understanding the LBI’s functions is important because questions often appear in the economics and current affairs sections. The bureau publishes flagship reports like the Annual Survey of Industries and the Quarterly Employment Survey. It also collaborates with state governments and international organizations to standardize labour data. By maintaining a robust statistical database, the LBI helps monitor progress towards decent work goals and sustainable development targets in India.

LBI का फुल फॉर्म

Example

According to the latest LBI report, the unemployment rate in urban areas dropped by 0.5 percentage points in the last quarter.

LBI — frequently asked questions