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]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra    </title>
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Increasing unemployment is a major cause for concern.

Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon..."/>
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                            <p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>Increasing unemployment is a major cause for concern.</em></p><p style="text-align:justify">Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, since there is a limitless number of workers who could contribute to India&rsquo;s productive capacity.</p><p style="text-align:justify">Finance and investment giant Morgan Stanley, in a report released in November, identified this productive potential as the reason for &ldquo;this decade being India&rsquo;s decade&rdquo;. But its projections may be too optimistic.</p><p style="text-align:justify">Not much cause for optimism is offered by the four engines of growth &ndash; private final consumption expenditure, private investment, government expenditure and net exports.</p><p style="text-align:justify">Nearly 58% of India&rsquo;s gross domestic product, or GDP, is accounted for by private final consumption expenditure on individual needs. However, since demonetisation in November 2016 &ndash; when Rs 500 and Rs 1,000 currency notes were declared invalid &ndash; consumption expenditure has been tepid, as job growth fell sharply.</p><p style="text-align:justify">No wonder that in 2017-&rsquo;18, when the Union government released the Periodic Labour Force Survey data, unemployment had reached a 45-year high of 6.1%. In 2012, it was only 2.1%.</p><p style="text-align:justify">In fact, the growth of non-farm jobs fell to 2.9 million per year between 2013 and 2019, a dramatic drop at a time when five to six million new young people were looking for work each year. By contrast, 7.5 million non-farm jobs were being created each year between 2004-&rsquo;05 and 2011-&rsquo;12, according to data from the National Statistics Office.</p><p style="text-align:justify">Please <a href="https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens" title="https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens">click here</a> to read more.</p>                                                           
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Increasing unemployment is a major cause for concern.

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    <h1 class="cat-box-title">How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra</h1>
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                            <p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>Increasing unemployment is a major cause for concern.</em></p><p style="text-align:justify">Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, since there is a limitless number of workers who could contribute to India&rsquo;s productive capacity.</p><p style="text-align:justify">Finance and investment giant Morgan Stanley, in a report released in November, identified this productive potential as the reason for &ldquo;this decade being India&rsquo;s decade&rdquo;. But its projections may be too optimistic.</p><p style="text-align:justify">Not much cause for optimism is offered by the four engines of growth &ndash; private final consumption expenditure, private investment, government expenditure and net exports.</p><p style="text-align:justify">Nearly 58% of India&rsquo;s gross domestic product, or GDP, is accounted for by private final consumption expenditure on individual needs. However, since demonetisation in November 2016 &ndash; when Rs 500 and Rs 1,000 currency notes were declared invalid &ndash; consumption expenditure has been tepid, as job growth fell sharply.</p><p style="text-align:justify">No wonder that in 2017-&rsquo;18, when the Union government released the Periodic Labour Force Survey data, unemployment had reached a 45-year high of 6.1%. In 2012, it was only 2.1%.</p><p style="text-align:justify">In fact, the growth of non-farm jobs fell to 2.9 million per year between 2013 and 2019, a dramatic drop at a time when five to six million new young people were looking for work each year. By contrast, 7.5 million non-farm jobs were being created each year between 2004-&rsquo;05 and 2011-&rsquo;12, according to data from the National Statistics Office.</p><p style="text-align:justify">Please <a href="https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens" title="https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens">click here</a> to read more.</p>                                                           
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    <br><a href="https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens" class="re" target="_blank">Scroll.in, 8 January, 2023, https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens</a><div class="clear"></div>
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        LATEST NEWS UPDATES | How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra    </title>
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    <h1 class="cat-box-title">How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra</h1>
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                            <p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>Increasing unemployment is a major cause for concern.</em></p><p style="text-align:justify">Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, since there is a limitless number of workers who could contribute to India&rsquo;s productive capacity.</p><p style="text-align:justify">Finance and investment giant Morgan Stanley, in a report released in November, identified this productive potential as the reason for &ldquo;this decade being India&rsquo;s decade&rdquo;. But its projections may be too optimistic.</p><p style="text-align:justify">Not much cause for optimism is offered by the four engines of growth &ndash; private final consumption expenditure, private investment, government expenditure and net exports.</p><p style="text-align:justify">Nearly 58% of India&rsquo;s gross domestic product, or GDP, is accounted for by private final consumption expenditure on individual needs. However, since demonetisation in November 2016 &ndash; when Rs 500 and Rs 1,000 currency notes were declared invalid &ndash; consumption expenditure has been tepid, as job growth fell sharply.</p><p style="text-align:justify">No wonder that in 2017-&rsquo;18, when the Union government released the Periodic Labour Force Survey data, unemployment had reached a 45-year high of 6.1%. In 2012, it was only 2.1%.</p><p style="text-align:justify">In fact, the growth of non-farm jobs fell to 2.9 million per year between 2013 and 2019, a dramatic drop at a time when five to six million new young people were looking for work each year. By contrast, 7.5 million non-farm jobs were being created each year between 2004-&rsquo;05 and 2011-&rsquo;12, according to data from the National Statistics Office.</p><p style="text-align:justify">Please <a href="https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens" title="https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens">click here</a> to read more.</p>                                                           
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    <br><a href="https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens" class="re" target="_blank">Scroll.in, 8 January, 2023, https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens</a><div class="clear"></div>
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How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra

Published on Jan 8, 2023   Modified on Jan 8, 2023

-Scroll.in Increasing unemployment is a major cause for concern. Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, since there is a limitless number of workers who could contribute to India’s productive capacity. Finance and investment giant Morgan Stanley, in a report released in November, identified this productive potential as the reason for “this decade being India’s decade”. But its projections may be too optimistic. Not much cause for optimism is offered by the four engines of growth – private final consumption expenditure, private investment, government expenditure and net exports. Nearly 58% of India’s gross domestic product, or GDP, is accounted for by private final consumption expenditure on individual needs. However, since demonetisation in November 2016 – when Rs 500 and Rs 1,000 currency notes were declared invalid – consumption expenditure has been tepid, as job growth fell sharply. No wonder that in 2017-’18, when the Union government released the Periodic Labour Force Survey data, unemployment had reached a 45-year high of 6.1%. In 2012, it was only 2.1%. In fact, the growth of non-farm jobs fell to 2.9 million per year between 2013 and 2019, a dramatic drop at a time when five to six million new young people were looking for work each year. By contrast, 7.5 million non-farm jobs were being created each year between 2004-’05 and 2011-’12, according to data from the National Statistics Office. Please click here to read more.

Scroll.in, 8 January, 2023, https://scroll.in/article/1040596/how-indias-rulers-have-dashed-the-hopes-of-its-younger-citizens

Tagged with: Unemployment Unemployment Rate Joblessness Jobless growth Youth unemployment Educated unemployment

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