- By Kamal Kumar
- Mon, 10 Jun 2024 05:44 PM (IST)
- Source:JND
Modi 3.0 Challenges: Former Vice Chairperson of NITI Ayog and renowned policy expert Rejeev Kumar on Monday advised the newly formed NDA government to work on the issue of high unemployment among the youth in the country. This came a day after the President swore in the new PM Modi-led National Democratic Alliance (NDA) government. Prime Minister Narendra Modi along with over 70 ministers took oath in the presence of over 10,000 guests, thus marking the beginning of a new chapter in the Indian democracy.
However, this time the Bharatiya Janata Party relied on its NDA coalition partners, as it could not cross the magic mark of 272 and could only win 240 seats. The party formed the government with the help of its allies, with Nitish Kumar-led JDU and Chandrababu Naidu-led TDP emerging as key players. BJP's poor performance in some states such as Uttar Pradesh and Maharashtra led to the shortfall. Political commentators argued that the issue of rising unemployment had a lot to do with the party's performance in this election.
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'Already Late In Tackling Unemployment'
Among the many challenges that the NDA government is slated to face is rampant unemployment. According to NITI Ayog's former Vice Chairperson Rajiv Kumar, the government is already lagging on the solution of this menace. He warned that if the newly formed government do not act fast enough, the Indian economy might face the brunt.
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"We must understand that the economic recovery after Covid has been a K-shaped recovery. I think the most important reform the Modi government must undertake is to tackle the unemployment problem, especially in the unorganised and small and medium enterprises," he said while speaking with PTI during an interview.
83% of the Unemployed Workforce Is Youth: ILO
The International Labour Organisation's annual India Employment Report 2024 suggested that the youth consists of 83% of the unemployed workforce in the country. The report shed light on the poor employment scenario in India, saying that despite improvements in overall labour force participation and employment rates, employment conditions in India remain poor, with issues such as stagnant or declining wages, increased self-employment among women, and a higher proportion of unpaid family work among youth.
