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LATEST NEWS UPDATES | Claims vs reality: India's bleak job picture -Santosh Mehrotra and Tuhinsubhra Giri

Claims vs reality: India's bleak job picture -Santosh Mehrotra and Tuhinsubhra Giri

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published Published on Feb 13, 2022   modified Modified on Feb 13, 2022

-Deccan Herald

Poor pandemic management has added 10 million youth to the ranks of the unemployed in the country

India’s GDP growth rate has been slowing consistently since 2016, thanks to consistent economic policy mistakes made by the Union government, starting with demonetisation. It hurt the non-farm unorganised sector MSMEs, as it hurt agriculture (third year running, after two years of drought in 2014 and 2015).

Between them, these sectors are responsible for over 80 per cent of India’s employment. Poor planning and hurried implementation of the Goods and Services Tax (GST) in the mid-2017 also did the same.

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Deccan Herald, 13 February, 2022, https://www.deccanherald.com/specials/claims-vs-reality-indias-bleak-job-picture-1080938.html


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