Re: [MTC Global] The current growth is a jobless growth

Respected Stephen Narayanan sir,  

.... jobless growth, you have coined a wonderful and realistic term to be remembered in our mind....

.... jobless growth will only result in the good confluence of wealth (BENZ, MERCEDES, BMW cars, skyscrappers , etc ) on the one hand and food less, home less, bare skinned men on the other hand.....

.... any how, some of our brothers growing .... let unemployed and poor people  cultivate themselves to derive pleasure/happiness by seeing the eyes of those jubilant and glittering people....

..... regards.... dr vishnumurty narra, psu officer, hyderabad....

On Thursday, 1 June 2017 1:32 PM, Stephen Narayanan <stepnrn@gmail.com> wrote:

Sometime Populist measures and knee-jerk reactions cause more damages than yielding short term gains for a government. In the past few years there have been massive crackdown on NGO sector and in Delhi itself more than 1000 NGO's were black-listed and lot of them had to wind up resulting in employees rendered jobless. This was more out of fear about black money and hawala transactions being operated through some NGO's. Foreign funded NGO's were under scanner and accountability was brought in. Even Bill & Melinda Gates Foundation was put on blacklist for a short while till US Government intervened. Since I was briefly involved with NGO sector and still have contacts and connections, I am aware of how uncertainty and cloud of gloom hung over the sector and many people had to seek alternative avenues.

Now with the latest Government Order with restrictions on Buying/Selling Cattle and the Cow vigilantism is bound to render the 1Trillion Rupees worth Leather Industry redundant throwing nearly 2.5 lac employees engaged in production of leather goods jobless adding to the already growing number of unemployed.

We do hear a lot about "Skilling" but on paper except for one sector - Medical - Vivo who has been spearheading new avenues of training in Nursing/Paramedical, there aren't too many players as there isn't any focus or goal or perhaps lack of direction.

Future scenario surely looks alarming and gloomy.

Warm Regards,

Stephen Narayanan

Freelance Educational Consultant/Corporate Training facilitator

Mob.:-9868386192

On Thu, Jun 1, 2017 at 10:56 AM, Dr. S. S. Dey <drshibshankar@gmail.com> wrote:

Mumbai : Conceding that growth of the economy not translating into more employment, a task force has been set up to compile figures of jobs generated in the last three years, according to Union Minister Bandaru Dattatreya. "The current growth is a jobless growth. Many European and Asian countries, including India, are facing it. Growth is being reported, but it's not reflecting in employment generation," Dattatreya told reporters here on Wednesday. 

A jobless growth describes a situation in which an economy recovers from a recession but the job market does not. "But, we should also know that our country has only two per cent technical workforce, against the requirement which is huge," Dattatreya said. 

However, the Union Minister for Labour and Employment said the Narendra Modi-led government's initiatives such as 'Skill India' aim to address this shortfall. He said it was true that the statistics department showed that employment generation figures appeared to be on lower side. 

"But, I have not received confirmed data from 23 ministries about job creation in their respective fields. I have therefore set up a task force to compile the figures and come up with (figures of) actual employment generation," he said. 

The minister also said the current education system has too much emphasis on theory. For instance, he said, in the engineering field 80 per cent curriculum is theory and 20 per cent is practical knowledge, while it should have been 75 per cent practical and 25 per cent theory.  

Source: HANS India

Dr. S.S. Dey

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