Unemployment - 'Under' Cover.

India’s Surprisingly high growth rates projected by media does not fuel growth in employment. If economic growth doesn’t increase employment, then what does?

With schemes like – ‘Make in India’, ‘Pradhan Mantri Mudra loan yojna’, etc. and viral success stories of an actively entrepreneured India, you may be thinking - If there are so many enterprises everywhere, how do they run without people. And if they engage people, why is our unemployment rate soaring instead of declining.

Another fantastic comedy of errors is the report regarding real unemployment rate of the country. It seems that ministries have made ‘Data’ as their favourite buzzword. If a good report comes up – opposition accuses it to be ‘proctored Data’. If a bad report comes up, govt. blames irresponsible ministers for ‘leaking Data’. And this ‘Unemployment Data’ surveyed over the same set of sample space, interestingly, yields broadly contradictory result every time.

This leads a logical Argumentative Indian to ask -

1.     What exactly is India's unemployment rate? 

2.     If it is not declining in sync with growth, Why not?

3.     May we assume that all these growths advertised is mere eye-wash and not real.

4.     And above all, what exactly is the political forum trying to achieve with Indian economics in terms of Youth and Employment.

A recent TOI report showed that unemployment has reached an all-time high in India. Further, quite surprisingly, it is higher in Urban areas compared to Rural areas despite that better facilities exist in Urban zone. And even stranger is the fact that the more trained & educated you are, lesser the chances you have of employment.

However, it is regularly advertised that people are not employed because they lack skills and training. Isn’t it ironical?

So, exactly what kind of jobs, if at all are being generated in India? Is it that youth here lack skills or is it that the jobs generated require unskilled labour? Increasing number of PhD holders are applying for Railway group-D jobs, anganwadi workers, ‘jharudar’, ‘toilet cleaner’, ‘peon’, ‘gardener’, ‘cook’, etc.

It is a grave scenario. The world is increasingly making progress in advanced applications of technology. While here in India, newspapers often publish reports and advertisements of govt. boasting the creation of 6 lakhs sweeper jobs. Can we call this as real development?

And, if we think in terms of entrepreneurship: A Btech degree holder selling ‘Pakoras’ is often regarded as ‘foodpreneurship’. Think over this. The word ‘entrepreneur’, has been misused several times here to disguise under employment. And this mostly happens because the deadly cancer prevalent in our society – ‘Caste based recruitment’, which caters to the vote banks.

With widespread poverty and concentration of power in the hands of few, if India’s population is increasingly forced to underperform compared to their ability doing odd jobs despite being skilled, Indian economy is sure to collapse. If India continues to hire Caste and not Merit, the promises to make India a developed nation will remain a mere New Year resolution – which are made to be broken. Well, political parties – who are no less than trained businessmen, will serve their own agenda of remaining in power. The real question which Young India must ask itself is – With this current scenario, will India survive to cheer: India! India! In the next World Cup. And if you do not think so, then what will you do to #MakeAnImpact.

Ladies and Gentlemen, Boys and Girls, stay tuned, while I give you another piece of blog Next Sunday to set your discussion for #ChaiPeCharcha.

Till then Stay Healthy, Stay Happy, Stay Safe.