Consider the following
:
* India's
population is 1220 million
* Annual net
increase is 15 + million
* 285 million
are in the age group of 15-29
* When GDP was
growing at 8 %, we added 5 million jobs / year
* Now that GDP
is down to 4.9 % , we are adding 1 million jobs / year
* Jobs in India
can grow at 15 million / year if GDP grows at 12 % / year !
* 41 million
unemployed are registered with 900+ Employment Exchanges
* Employment
Exchanges find jobs for a mere 3 lakh / year
!
* Annually , 14
million ( 15 - 1 ) get added to the ranks of jobless !
* It takes Rs 1
million by way of Capital Investment , to create ONE job
* National
economies around the world are slowing down or shrinking
* Unemployment
among youth has become universal problem
* All around the
World , governments are cutting back on Welfare expenses
* Root cause of
ALL protests / riots / demos everywhere , is JOBLESSNESS
* Don't be
fooled by experts who describe India's Youth as Demographic
Dividend !
* Despite being
a " Low Cost Economy " ( meaning wages / salaries at 10%
of those in
developed countries ) , jobs are NOT flowing to India . Why ?
Our youth
lack the necessary " Skills " - making them unemployable
* UPA-2 Government is trying to fool us by
saying NSDC ( National Skills
Development
Corporation ) will train 500 million youth in next 5 years !
* On the other hand , there is NO incentive to
Private Sector Industries , to
come forward
to invest in training these 500 million - something that
would
require an investment of Rs 250 Million Million
* Private
Sector has , required Money / Expertise /
Organizational setup
to impart such training
* But that
money is in the form of BLACK MONEY !
* So , what is
the ANSWER ?
* Introduce a
AMNESTY SCHEME , under which no questions will be asked
as to
the source of funds ( ie Black Money ) , if these are invested by
the Private
Sector in training of India's Youth , in prescribed Skills
* Private
Sector should be allowed to charge a reasonable fee from each
trainee , 50 % of which should be subsidized
by State Governments
* Income earned
( from Fees ) shall be tax-free for 10 years
If UPA -2 gets wiped out in 2014 , it won't be because
of corruption !
It will be because of JOBLESSNESS amongst the FIRST-TIME
voters !
And , if NDA comes to power but fails to defuse the
ticking TIME BOMB of
UNEMPLOYMENT , it will meet with the same fate in 2019
!
Are our NETAS willing to think " Out of Box
" ?
It is still not too late !
* hemen parekh
( 09 Feb 2014
/ Mumbai )
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