Earlier this week, Chief Economic Advisor V. Anantha Nageswaran said that the government cannot solve all social and economic problems like unemployment.

https://thewire.in/economy/in-charts-how-govt-and-private-sector-investments-have-fared-in-recent-years 

However, let’s acknowledge that while governments can implement policies to spur job creation, they cannot guarantee full employment for every individual in the economy. But more investments lead to the requirement of more labour, and hence, more jobs.

However, don’t these events call for significant attention on the issue? Several Indians are desperate to go to a war-torn country as they can’t find work here; unpaid labour and self-employment – which often do not offer stable income – are on the rise; and around 60 million workers have returned to jobs in agriculture, as a result of job losses in other sectors.

by Taniya Roy

31/03/2024