Under Modi Govt, India Lost 11 Million Jobs in 2018: CMIE
Although unemployment is poised to cause a social unrest in India, Prime Minister Narendra Modi prefers to ignore this issue.
By Rakesh Raman
According to a new report released by the Centre for Monitoring Indian Economy (CMIE), nearly 11 million Indians lost their jobs during 2018. The report reveals that people belonging to vulnerable sections of society were the worst hit by job losses in 2018.
The CMIE report further showed that the number of unemployed has been constatnly increasing in the country. According to the report, the number of employed persons recorded in December 2018 was at 397 million, which is 10.9 million less than the figure of 407.9 million seen a year ago at the end of December 2017.
Another CMIE study says that the potential unemployment rate is much higher than the actual.
As joblessness is spreading like a dreaded disease in India, new reports suggest that a large number of professional degree holders are ready to take low-level jobs meant for uneducated people.
Thousands of applicants with B.Tech., MBA, and Postgraduate degrees are currently appearing in a written test happening during December 17, 2018 – January 9, 2019 for Delhi Police jobs such as cobblers, gardeners, barbers, cooks, tailors, and sweepers. The eligibility for these jobs was only 10th class qualification.
Although unemployment is poised to cause a social unrest in India, Prime Minister Narendra Modi prefers to ignore this issue.
In a recent interview given to a personal TV channel, Modi had excitedly suggested that the jobless persons in India can start selling Pakoras – an Indian fried dish.
While uneducated vendors sell Pakoras on roadside makeshift shops and earn about Rs. 100 (less than $2) a day, Modi virtually mocked the sorry plight of unemployed youth asking them to sell the low-cost eatables.
By Rakesh Raman, who is a national award-winning journalist and social activist. He is the founder of a humanitarian organization RMN Foundation which is working in diverse areas to help the disadvantaged and distressed people in the society.
