Is it possible for all the unemployed in India to get a job? Can any government do this?

Updated on : January 17, 2022 by Julia Carney



Is it possible for all the unemployed in India to get a job? Can any government do this?

Jobs or the lack of them became a central issue in the 2019 Lok Sabha elections. The opposition aggressively criticized the matter, the government struggled to suppress inconvenient data, independent polls confirmed that unemployment was rising and that the highest Voters' concern was jobs.

Unemployment is not a problem created by the government led by Narendra Modi, nor would it go away if a non-Modi government had taken the oath. But, it remains the problem that was ineptly handled by the Modi government.

How should the new government handle the problem? First, they must recognize

Keep reading

Jobs or the lack of them became a central issue in the 2019 Lok Sabha elections. The opposition aggressively criticized the matter, the government struggled to suppress inconvenient data, independent polls confirmed that unemployment was rising and that the highest Voters' concern was jobs.

Unemployment is not a problem created by the government led by Narendra Modi, nor would it go away if a non-Modi government had taken the oath. But, it remains the problem that was ineptly handled by the Modi government.

How should the new government handle the problem? First, they must recognize that it is necessary to create good jobs. With all due respect to all pakora fryers, no one aspires to be a peddler of pakora fryers. Not even if her parents sold the most delicious pakoras in the neighborhood.

People aspire to good jobs that are stable, in the formal sector, have safe working conditions, collective bargaining rights, and regulations against arbitrary dismissal. Given the threat of automation and technology, we can add that people also want jobs that provide substantial scope for skill upgrading and involve a continuous learning process.

It is useless, even childish, to suggest that India will create entrepreneurs when asked to create jobs. It is difficult to create jobs and much more difficult to create entrepreneurs. It is almost cruel to ask job seekers to become job providers. So it is better if the new government recognizes that people need good jobs.

Second, the new government should rethink the problem in terms of the unemployment rate. They need to find solutions in terms of an acceptable unemployment rate. It is unacceptable for a government to promise jobs it cannot provide.

At the same time, no government can promise jobs on behalf of the private sector. Job creation depends on a complex web of factors. The government can, at best, try to influence them. However, it cannot promise that the private sector will provide jobs.

However, you can try to use the unemployment rate as a macroeconomic objective. The government already has a target inflation rate, within a band. The Reserve Bank of India is tasked with ensuring that the inflation rate remains within this range through the use of monetary policy levers. But there is a trade-off between high inflation and high unemployment. The new government must find the right balance between the two. This would be a much better option than targeting inflation alone.
We can see that the low inflation in recent times was achieved at the cost of high unemployment. So a balance is required.

Look at my profile: - Nora Lal

No, that's not possible. Most of the unemployed have many degrees, but no skills that have market value.

The government cannot create jobs as it does not run industry or business. It will be counterproductive to simply give jobs in government offices that are already overstaffed with most staff out of work.

Industry and businesses across India complain of insufficient skilled personnel. Therefore, unemployed youth must upgrade or start their own independent profession or business. That is the only solution.

Other Guides:


GET SPECIAL OFFER FROM OUR PARTNER.