Monday, May 20, 2013

Employment in India (in the early 2000) - A call for a strong manufacturing sector and entrepreneurship!

This is a short blog concentrating on the employment figures of INDIA which has a foreseeable growth potential in the 21st century. It is apparent to feel that the role of governance is such a cornerstone in the making of a nation's history. At the time of writing this blog, its saddening to see the lost potential of this nation stuck in the hands of controversial politicians, flimsy laws and gullible populace.

In the first half of the first decade, 60 Million jobs were added. But despite strong economic growth, its quite astonishing to see no new jobs added between 2005 and 2012.

If at all, there is a chance to keep the momentum before the steam runs out, it is very essential to target the manufacturing sector. The role is not to burden urbanization. The rural parts and the villages are also vital and dominant. It is very essential to strategically bring development through job creation in these areas such that cities do not get overwhelmed. At last if all the people in the village think that cities are the place to make money, then this sort of development is unsustainable.

That's one part of the story. India is also producing graduates at an alarming rate faster than they can find jobs. What's also needed is more of entrepreneurs opening companies, creating jobs.

Finally, it's time to use the demography to advantage for the betterment of the nation and its people. Though that responsibility for progress is more in the hands of the government, people too can bring a difference.

As the saying goes "Never doubt that a small group of thoughtful committed individuals can change the world. In fact, it's the only thing that ever has" -- Margarate Meade

Watch the following video for more insights: