Modi Government’s Alleged Mission to Keep Youth Jobless
In a scathing critique of the Modi Government’s economic policies, Congress president Mallikarjun Kharge accused the administration of deliberately exacerbating India’s unemployment crisis. Citing various economic reports, Kharge asserted that the government’s actions have significantly hindered job creation across the country.
Job Losses and Economic Realities
Kharge highlighted findings from multiple sources, including the National Sample Survey Office (NSSO) and the Periodic Labour Force Survey (PLFS), which indicate a bleak employment scenario. According to NSSO’s Annual Survey of Unincorporated Sector Enterprises, the manufacturing sector alone witnessed a loss of 54 lakh jobs in unincorporated units between 2015 and 2023.
Urban Unemployment and Sectoral Decline
The PLFS data disclosed an urban unemployment rate of 6.7% as of Q4, FY24, underscoring the challenges faced in job creation under the current regime. Kharge criticized the Modi Government’s reliance on EPFO data, arguing that it masks a decline in new job opportunities, particularly evident with a reported 10% reduction in 2023.
Independent Reports and Government Rebuttal
Despite independent economic reports, including analyses from institutions like IIM Lucknow and the Centre for Monitoring Indian Economy (CMIE), revealing critical unemployment trends, Kharge accused the government of dismissing these findings to sanitize its economic record.
Youth Unemployment and Policy Impact
Highlighting the impact on India’s youth, Kharge referenced reports indicating high unemployment rates among educated youth, low female workforce participation, and stagnation in employment growth despite demographic pressures. He cited alarming statistics from the International Labour Organization (ILO), indicating that 83% of the country’s unemployed are youth.
Economic Growth vs. Job Creation
Contrasting the government’s claims of economic growth, Kharge invoked reports like the Citigroup analysis, which posited that India requires 1.2 crore new jobs annually to sustain economic growth adequately. He criticized the government’s failure to meet these targets, attributing it to misguided economic policies.
Conclusion
In conclusion, Congress President Kharge reiterated his party’s stance that the Modi Government’s economic policies have exacerbated India’s unemployment crisis, particularly affecting the aspirations of millions of young Indians. He called for a reassessment of economic strategies to prioritize job creation and economic inclusivity.
Summary Table:
| Key Learning Points |
|---|
| Modi Government accused of deliberate youth unemployment |
| Economic reports reveal job losses across sectors |
| Urban unemployment rate stands at 6.7% |
| Government rebuttal to independent economic reports |
| High youth unemployment and demographic challenges |
| Economic growth failing to translate into job creation |
Soumya Smruti Sahoo is a seasoned journalist with extensive experience in both international and Indian news writing. With a sharp analytical mind and a dedication to uncovering the truth, Soumya has built a reputation for delivering in-depth, well-researched articles that provide readers with a clear understanding of complex global and domestic issues. Her work reflects a deep commitment to journalistic integrity, making her a trusted source for accurate and insightful news coverage.
