26 September, 2020

The Great Job Chase

FDI’s up, so is GDP. And yet the demographic dividend lies untapped. Here’s why.

No Vacancy?
Youngsters at a roadside stall displaying job ads
Photograph by Tribhuvan Tiwari
The Great Job Chase
outlookindia.com
2016-09-23T19:28:04+05:30
  • Investment Blues: While there has been higher public ­investment, inflow of foreign direct investment is yet to deliver.
  • Man Vs Machine: Hi-tech manufacturing and increasing mechanisation are limiting the number of jobs in the market.
  • No Economy Is An Island:Global trends are impacting exports and ­employment across various sectors.
  • A Casual Turn:A shift from permanent jobs to contract staffing—both blue- and white-collar—is being witnessed.
  • Missing The Match:There are jobs as well as a large number of jobless people, ­suggesting persistent jobs-skills mismatch.
  • Stadium:Growing contractualisation and lacunae in skill-development means the job-creation strategy needs a rethink.

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Blame it on global or domestic scenario, but the Modi government’s promise of ending a decade of jobless...

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