Unemployment is a major hurdle in India’s growth path. The Bharatiya Janata Party’s key election promise in 2014 was job creation.
Though reducing unemployment was a major goal of the BJP government, data shows that it has not been able to fulfil its promise of job creation.
As per the Economic Survey (2015-16), the rate of unemployment has increased from 3.8% (2011-12) to 5% (2015-16). Additionally, in 2015 only 1.35 lakh jobs were added in eight labor intensive sectors, compared to 9.3 lakh jobs that were added in 2011-12.
From July 2014 to December 2016, in the eight major sectors – manufacturing, trade, construction, education, health, information technology, transport, and accommodation and restaurant – only 6,41,000 jobs were created.
In comparison, these same sectors had added a total of 1.28 million jobs from July 2011 to December 2013. Specifically, jobs created by the Prime Minister’s Employment Generation Programme (PMEGP), which generates employment in rural and urban areas by initiating new micro enterprises and small projects, has fallen by 24.4% from 428,000 in 2012-13 to 323,362 in 2015-16.
Additionally, the Economic Survey (2016-17) also indicates a shift in the pattern of employment from permanent jobs to casual and contract employment. This temporary nature of work has adversely affected the wages, employment stability and social security of the workers.
The Modi government initiated many new schemes to boost employment in India. However, these schemes have not so far yielded the expected results.
It is also important to highlight that labour force participation among women has declined significantly. In the three-year action agenda draft (2017-2020), released on April 23 by Niti Aayog, the emphasis was on promoting gender equality in workplaces.
Input feed from Syndicated feed : Author is Jagriti Gangopadhyay is a senior research associate and Wamika Kapur is a research assistant to legislators at Rajiv Gandhi Institute of Contemporary Studies, Jawahar Bhavan
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