मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

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कोशिश गोल्ड - मुक्त

No unemployment in India!

Financial Express Lucknow

|

January 18, 2026

The replacement of MGNREGA by a supply-driven, guarantee-less, funds-constrained scheme will make matters worse for the rural poor who will face unemployment or under-employment

- P Chidambaram

THERE IS A deluge of good news. Retail inflation is at 1.33%.The GDP growth for 2025-26 has been estimated at 7.4%. I think we must add another hurrah: there is no unemployment anywhere in India, at least unemployment of the kind we need to worry about.

No takers for jobs!

I have good reasons to state that there are no takers for jobs. Data shows that for hundreds of thousands of vacancies in the government and quasi-government sector, there are no takers. Despite good pay (and the 8th Pay Commission will improve it), dearness allowance, annual increments, promotions, job security, medical benefits, HRA, Transport Allowance and other allowances, leave benefits, advances and loans, and Unified Pension Scheme, young men and women are not inclined to take the jobs — sanctioned by the government but vacant. What will you conclude from this extraordinary situation other than there is no unemployment and no takers for jobs?

According to Ministry of Education, the sanctioned and vacant posts in central universities (see Table 1), as of April 1, 2024, 27% of teaching posts and 47% of non-teaching posts were vacant in central universities.

As of June 2025, 7,765 teaching posts in KVS and 4,323 teaching posts in NVS were vacant. Nevertheless, we are assured that teaching is well and thriving in India.

Official data speaks

Financial Express Lucknow से और कहानियाँ

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PhonePe gets Sebi nod, eyes listing by April

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January 21, 2026

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Markets log worst day in 8 months on weak earnings

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Recalibration of tax regime may attract larger share of global capital

THE INDIAN CAPITAL market has been at the crossroads in recent times.

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3 mins

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Consumption, imports of fertilisers surge; domestic output drops

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2 mins

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No flight cancellations after Feb 10: IndiGo to regulator

ON THE RADAR

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1 min

January 21, 2026

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FPIs take small bites of IT, durables in December

Better valuations providing some comfort in pockets

time to read

2 mins

January 21, 2026

Financial Express Lucknow

Banks to seek RBI’s approval for longer bulk deposits

BANKS WILL APPROACH the Reserve Bank of India (RBI) for approval to raise bulk deposits for up to three years compared to the current one year cap, three sources said on Tuesday.

time to read

1 min

January 21, 2026

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Tax sops, restoring indexation among Amfi Budget wish list

THE ASSOCIATION OF Mutual Funds in India (Amfi) has sought restoration of indexation for debt funds and granting capital gains tax exemptions for holding equity-oriented schemes for long-term in the Budget.

time to read

2 mins

January 21, 2026

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