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Resource centre on India's rural distress
 
 

Budget 2020: You did promise jobs, Mr. Modi, didn't you? -Subodh Varma

-Newsclick.in

Will this Budget give any signal that the government is tackling the deadly jobs crisis?

Budgets usually don’t address big systemic issues. After all, they only arrange for government revenue and expenditure for one year. But, if the water is flowing over your head, a Budget could very well give a strong signal of beginning something. It could open the door to policy changes, and declare a determined political intent.

The raging unemployment in the country is surely one of those crises that needs urgent attention. According to latest CMIE (Centre for Monitoring Indian Economy) data, average weekly unemployment continues at 7.2% on January 27, extending its high level for over one year now.

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