Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | 2020 – How the Modi Govt Led India into Record Joblessness -Subodh Varma

2020 – How the Modi Govt Led India into Record Joblessness -Subodh Varma

Share this article Share this article
published Published on Dec 31, 2020   modified Modified on Dec 31, 2020

-Newsclick.in

Unemployment has inched up to over 9% as the year ends and the so-called economic recovery is a mirage.

For Indians, 2020 will go down in history as the worst year for livelihoods and incomes. Unemployment levels rose to record highs, incomes plummeted to record lows and such was the scale of deprivation that thousands of families teetered on the brink of starvation. Tragically, this was not just the pandemic. It was also the imposition of a sudden lockdown, the failure to provide income support, the insistence of the government to restrain expenditure and hope that the corporate captains will steer the sinking economy out of trouble. But, the most despairing aspect is that the bad days are not over.

For those living in the bubble of government propaganda, India’s devastated economy is supposed to be going through a “V-shaped recovery”. They see “green shoots” dancing and fluttering in the breeze everywhere. Addressing corporate bigwigs, Prime Minister Modi was pleased that the economy was recovering faster than expected. Among the pointers to this are better GST collections, increase in freight and port traffic, and most seductive of all – the stock market reaching record heights.

In the real world, things are quite the reverse. The biggest and most crucial of measures for any economic diagnosis is jobs. How many people are employed? How much is the unemployment rate? And, what share of the population is working? On all these counts things are worrying if not dire.

Please click here to read more.


Newsclick.in, 31 December, 2020, https://www.newsclick.in/how-the-Modi-govt-led-india-to-unemployment-in-2020?fbclid=IwAR0JsPiPm6ZoK1AHIbseduL4vlYpBH0dvreG01tN9EsQVTLyFU5jAQSRTsk


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close