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.
The Indian Right and Liberals all accepted the British conception of Hindu, Muslim and British India and the country's eventual decline. What they disagreed on was its cause.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
The Government of India has requested to buy up to 216 M982A1 Excalibur tactical projectiles too. Excalibur artillery munition was used in Op Sindoor against Pakistan.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
COMMENTS