Jobs, while they increased by 11.2 crore during the Modi years, are the Achilles’ heel of India’s development as labour participation remains low and the informal sector dominates.
Parliament security breach and Nicaragua-bound flight’s grounding in France didn’t trigger the debate on youth restlessness triggered by a brewing unemployment crisis.
The big capex push will not only create productive assets, but also more jobs. This, in turn, will create sustainable demand as well as crowd in private investment and push growth.
While UP’s unemployed are angry, Yogi’s call for a choice between Jinnah and Sardar Patel, more than seven decades after they both died, is the new ‘let them eat cake’.
A 2021 global survey found that 54% of employees would consider leaving their job if they were not afforded some form of flexibility in where and when they work.
The resignations appear to be a sequel to the supply chain crisis that we are facing. Disruption in labour, especially skilled labour, takes a long time to fix, writes Jyoti Lahiri.
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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