MYTH OF JOB CREATION ?

Or , if you like , call it :

Truth of Job Creation  !

In its poll manifesto ( 25 March 2014 ) , Congress party promised to create 100 million new jobs in 5 years ( ie: 20 million / year )

If elected to power , of course !

This , despite having created only 1.3 million jobs between 2004-2009 ( from 457.8 million to 459.1 million / NSSO report )

But the leaders who drafted BJP manifesto were much more practical / pragmatic

In its Manifesto , BJP said :

" Encourage and empower our youth for Self Employment - incubating entrepreneurship as well as facilitating credit "

Why did it say so ?

Take a look at the following news ( DNA / 11 Sept 2015 ) :

Against 368 vacancies of " Peons " advertized by UP Govt , applications received were as follows :

*  Total Number of applicants.............. 20 lakh

    {  5,435 applicants for each post  ! }

*  No of PhDs....................................  201

*  No of Master Degree holders............ 20,056

*  No of Bachelor Degree holders.......... 1,23,000

*  No of 12th Standard pass................. 6,00.000

*  No of 10th Standard pass................. 8,20,000

   { Minimum prescribed Edu Qualification }

I suppose these are those 20 lakh unemployed youth who registered on the UP Employment Exchanges , within the first 7 months of Shri Akhilesh Yadav forming the SP government !

Of course , those not getting appointed as Peons , will continue to receive every month , Rs 1,000 , by way of Unemployment Allowance , earlier announced by SP Govt

Now , if " Providing Jobs / Employment " , is a " State Subject " , then SP Govt in UP , may want to stop this dole-out , and replace it with the " Start Up Act - 2015 " described in detail on :

hemenparekh....in

It is time to dispel the Myth that either Industry or Government can ever succeed in creating 12 million new jobs each year !

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hemen  parekh

14  Sept  2015

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