More than half of the 900 million Indians of legal working age don’t want a job, according to CMIE. Between 2017 and 2022, the overall labor participation rate dropped from 46% to 40%.
New measures include Atmanirbhar Bharat Rozgar Yojana and tripling allocation for PM’s housing scheme. India’s overall Covid economic package is Rs 30 lakh cr.
A Working Group of Ministers on employment generation and skill development submitted its report to PM Modi, making 63 suggestions across 18 sectors for job creation.
About 12 crore jobs were lost due to the lockdown in April, but things are gradually improving. However, only 39 lakh new salaried jobs have been created.
Much of the interim budget focused on consumer stimulus with few specific measures to create opportunities for about 12 million young Indians who enter the job market each year.
Weak governance, corruption and poverty continue to define tribal life in India. The introduction of industrial and mining projects has benefited contractors, politicians and officials more than Adivasis.
Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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