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LATEST NEWS UPDATES | The jobs crisis is not merely an economic mishap, it signals the destruction of India’s future -Seema Chisti

The jobs crisis is not merely an economic mishap, it signals the destruction of India’s future -Seema Chisti

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published Published on Jul 5, 2022   modified Modified on Jul 21, 2022

-CaravanMagazine.in

In the build-up to the 2014 general election, Narendra Modi, the prime-ministerial candidate for the opposition Bharatiya Janata Party, rode on the promise of millions of jobs for youngsters. At a rally in Agra, in November 2013, he mocked the United Progressive Alliance government for not delivering on jobs. Five years on, as prime minister, he famously said, “If someone opens a pakora shop in front of your office, does that not count as employment? The person’s daily earning of Rs 200 will never come into any books or accounts. The truth is massive people are being employed.”

The National Commission of Statistics would perhaps answer Modi’s question with a no. In January 2019, PC Mohanan, the acting chairperson of the NCS, and his colleague JV Meenakshi resigned and publicly said that they were doing so because unemployment data was being concealed. It was widely speculated that the report was being delayed due to that year’s general election. Mohanan told India Today that the National Sample Survey—the first since demonetization—was supposed to be released in December 2018 but, despite the NCS’s recommendation, had not been published yet. The report was kept under wraps and officially released only months after the election results were out. It revealed that India’s unemployment rate had risen to a 45-year high of 6.1 percent. Youth unemployment stood at astronomically high levels, between thirteen and twenty-seven percent. More disturbingly, people were moving out of the workforce in droves. This was before COVID-19 struck. In the April–June quarter of 2021, youth unemployment in urban areas was 25.5 percent.

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CaravanMagazine.in, 5 July, 2022, https://caravanmagazine.in/economy/jobs-crisis-destruction-of-india-future


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