Generation of jobs in 8 key sectors hit six-year low in 2015

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Only a leftie could write like this.
Alarming food prices.
Which are lowest in the entire world.
India is still world's cheapest country to leave and without inflation entire growth gonna be flattened.
These morons still die for cheap vegetables just because they don't wanna spend jama punji.



If I had time, I could have quoted and busted every single gloom mentioned above.

After removing the tape, depleting corruption to such a great extent and making one of densest network in the world (India is now ranked 74th out of 190 in quality of infrastructure),

Looks that there's a legacy of reprinting same articles again and again.
 

CrYsIs

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Jobless growth

In a worrying development, the unemployment rate in India has shot up to a five-year high of 5 percent in 2016. According to a report by the Labour Bureau, the figure is significantly higher at 8.7 percent for women as compared to 4.3 percent for men. This news should ring alarm bells for the NDA government at the Centre, which has taken a whole host of steps to fix the problem of jobless growth, including its "Make in India" initiative. “The erosion of jobs is like climate change," said Kaushik Basu, chief economist at the World Bank. "It happens slowly and so makes no news but its impact can be devastating.” India's proud record as the fastest growing economy in the world in terms of gross domestic product means nothing with job growth in the doldrums

In a recent column for a leading business daily, Sudipto Mundle, emeritus professor at the National Institute of Public Finance and Policy, wrote: “India’s growth has to be led by manufacturing, not services because, among other reasons, employment elasticity is higher in manufacturing. Also, a large section of the labour force has little or no education, and cannot be employed in skilled jobs in the services sector. Nor can they be easily skilled, given their lack of basic education. Outside agriculture, they can only be employed in low-skill jobs in the manufacturing sector. This leads to a second point about the urgency of education policy reform. No skill development programme can succeed without an underlying foundation of basic education. But India’s long-standing neglect of quality education at the primary level greatly limits the access to basic education, the essential foundation for skill development. In the absence of reforms in primary and basic education, India’s awesome backlog of unemployment will continue to grow.”

http://www.millenniumpost.in/NewsContent.aspx?NID=327199
 

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