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LATEST NEWS UPDATES | The spectre of unemployment -Raghavan Srinivasan

The spectre of unemployment -Raghavan Srinivasan

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published Published on Jun 18, 2017   modified Modified on Jun 18, 2017
-The Hindu

Sans quality jobs, ‘aspirational young India’ will become ‘angry young India’

The government – and Paytm – may not agree, but there are some downsides to the rising digitisation and connectivity. One is an unleashing of aspirations. Everyone wants not just what Bengal’s leftists used to contemptuously dismiss as components of the middle-class Indian dream — gaadi, baadi, chaakri (car, home, job) — but a whole lot of other things. From watching the latest Salman-starrer now — which is why India is the ‘download’ capital of the world — to the latest phone and footwear, people desire for all forms of comfort. This is a downside because the Indian economy is simply not in a position to create the kind of ecosystem which will enable all these aspirations to be realised by a vast majority of the people.

The other downside is the near-instantaneous transmission of unrest. Thanks to YouTube and WhatsApp, an expression of farmer unrest can travel from Mannargudi to Mandsaur faster than any ponderous government’s attempts to address or contain the disturbance within a particular area. So far, we have only had glimpses of what such spontaneous congregations can be like — tens of thousands of students virtually bringing Parliament to a standstill during the ‘Nirbhaya’ protests, or the huge crowds at Delhi’s Ramlila grounds which so spectacularly launched Arvind Kejriwal’s career as a mainstream political leader.

Recent farmer protests

If we haven’t had more such demonstrations, or bigger unrests, it is probably because there hasn’t been an issue big enough to concern all the people across the country at the same time. The recent farmer protests, big and significant though they were, left urban India untouched — except for Mumbai, where a 50% jump in vegetable, milk and meat prices in two days brought the Fadnavis government to its knees.

But there is one issue which, sooner or later, may unleash social unrest on a scale which will make the farmer agitation look like a toddler’s tantrum — jobs. Or more precisely, the lack of them.

That the available workforce of a country needs to be occupied in fruitful employment is a no-brainer. The reason global businesses are investing billions of dollars in India is its potential to become one of the world’s economic powerhouses.

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The Hindu, 18 June, 2017, http://www.thehindu.com/education/careers/the-spectre-of-unemployment/article19095570.ece


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