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Rising Unemployment Is Economy’s Bigger Threat In India; Challenges Centre Faces

Pooja YadavJuly 12, 20220

We can see various youth of our country roaming about in search of jobs. a large majority of them belong to the educated class and also the uneducated youth car outnumbers them. they're neither educated nor trained for any gainful employment. the utilization exchanges register the names of thousands of youth every day but for no purpose. India could be a state and it's the duty of the govt to produce gainful employment for those people. except for any government, it's an uphill task, as per annum several educated and uneducated youth enter the utilization market. In India, the population problem is causing a good headache for the government. Moreover, the agricultural youth remain unemployed because their parents either don’t possess land or the land holdings don't yield enough for t...

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Unemployment Is On Rise In Modi Era, Should Take Care Of Youth: Economist Kaushik Basu

Arpita SarkarMay 28, 20220

The BJP has started celebrating the eight-year anniversary of the Narendra Modi government across the country. Economist Kaushik Basu expressed concern over the rising unemployment rate in the Modi era. Citing figures from the International Labor Organization (ILO), he said the country's youth unemployment rate (15 to 24 years) had touched 25% during the Modi regime. During the UPA government in 2014, this rate was close to 21 percent. Kaushik wrote on Twitter, ‘One picture that sums up India’s biggest problem: youth unemployment. Sadly this is getting little policy attention. It can do lasting damage to the economy. We must shift focus from politics to correcting this. " Kaushik, who has been the chief financial adviser to Manmohan Singh's government, had earlier expressed conce...

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Constitution Has No Meaning Without Institutions: Rahul Gandhi

Sonia SolankiApril 11, 20220

Rahul Gandhi, at a recent book launch event, The Dalit Truth, talked about the weakening of Constitutional Institutions. Rahul said, "Constitution has no meaning without the institutions." He said that the biggest weapon of a democratic nation is the Constitution. "As it gives us the power to stand for equality. Also, it gives us the power to execute our right to choose not only the government but to speak against it, when it fails to deliver," he said. The Book "The Dalit Truth" is written by K.Raju. This book talks about the social discrimination of the people belonging to the Dalit caste and also their use as a vote bank. Rahul Talks On Misuse Of Institutions This is not the first time that the Congress leader has spoken against the BJP and its founding organisation RSS on a...

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PM-GKAY Extended For Six Months; A Return Gift By BJP Government

Sonia SolankiMarch 28, 20220

The PM-GKAY will continue for the next six months as PM Modi has announced the news from a press release on TV. This is the 5th phase of this welfare food scheme. This extension is equivalent to a return gift by the BJP government post winning 4 states out of 5 in recent assembly polls. The decision was taken place during the cabinet meeting which was headed by PM Modi. The official statement of the meeting informs that the 5th phase of PM-GKAY will cost an additional Rs 80,000 crore in next six months. So, the total expenditure of the welfare scheme is touted at Rs 3.40 lakh crores till September 2022. The officials said that the decision by the cabinet is taken keeping the benefits it gives to poor and needy people. As COVID-19 is controlled yet not finished and many people are...

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Punjab Assembly Polls: Rahul Gandhi Appeals To Choose Congress As They Understand The Value Of Unity And Brotherhood

Sonia SolankiFebruary 15, 20220

Rahul Gandhi in Hoshiarpur, Punjab addressed the rally and requested people to vote for the Congress party. He said this is not the time to do experiments, "stick to those people who stood by you... Congress has always worked for people, understanding their feelings and culture," he said. Rahul Gandhi said that maintaining peace in the state is the most important issue and his party was capable of doing it. He adds we understand Punjab and its people and we are the ones who can take the state forward with love, unity and brotherhood. Rahul Gandhi Attacks BJP and AAP The Congress leader pointed out the policies of PM Modi and the BJP government like the GST, black money, demonetisation. He asked why did Modi Ji not talk about employment. Youth is suffering from the unemploymen...

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Unemployment At Its Peak, Youngsters Between 20-29 Years Worst Hit: CMIE Data

Sonia SolankiFebruary 1, 20220

Unemployment is the harsh reality that we are facing in today’s time. Reports by the Centre for Monitoring Indian Economy (CMIE) stated that the unemployment rate in December 2021 was 7.9%. But that doesn’t mean the rest of 92.1% of people in the working-age group are employed. In fact, the employment rate is the better Indicator of the success and economy of a country. India’s success rate is low with only 43% in 2020, as per a data study by the World Bank. India lags behind Pakistan (48%) and Bangladesh (53%) in these numbers. In 2018-19, the unemployment rate was 6.3% and 4.7% in the year 2017-18. Challenges India Faces To Provide Employment Employment is a necessity and when the working population is not getting proper opportunities, it’s a difficult situation for the...

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A Huge Attrition Phenomenon Of Working People Is Making The Companies Ponder Globally

Monomita NagJanuary 24, 20220

Since 2020 the world is witnessing a great resignation phenomenon'. People are resigning throughout the globe in top corporates, IT companies, and even in smaller firms. Last year millions of working people resigned in their own volition. Covid pandemic is the biggest factor for such high attrition. Drastic changes introduced in companies all over the world due to pandemic is to blame for this. It was observed that the employees were unable to face prolonged emotional and mental stress in their workplaces.  However, the attrition is restricted to medium category and low wage workers and the sectors that have been most affected are transportation, hospitality, health, education, retail, etc. One example will suffice to understand the seriousness of the problem. It is recorded that 20 milli...

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