The NDA government is repeating the mistake of the Vajpayee regime by relying on the formal sector for job creation
For those who may have forgotten, it is not the current NDA government but the last one that promised 10 million jobs a year. In 2001, economist Montek Singh Ahluwalia led a task force with precisely this mandate. Prime Minister Narendra Modi repeated that promise during his election campaign in 2014, when the rising rate of unemployment was emerging as a worrying sign. His political sense was impeccable. But, the biggest challenge is to deliver the promised jobs.
This story is from the October 1, 2017 edition of Down To Earth.
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This story is from the October 1, 2017 edition of Down To Earth.
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