No quick fixes for India’s jobs crisis


After dismissing all adverse reports on employment for a long time, the government finally acknowledged, in Finance Minister Nirmala Sitharaman’s Union Budget speech, that it has an unemployment problem. The issue of job creation and unemployment also received plenty of attention in the Economic Survey brought out by the chief economic adviser.


In her Budget speech, the FM announced five schemes — most of which entailed offering incentives to employers if the latter decided to hire more employees. One scheme was particularly interesting. The FM wants the top 500 companies to hire and train interns.  The interns

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First Published: Aug 05 2024 | 10:29 PM IST

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