Jump to content

India's job growth lowest since 2009: Where are the jobs PM Modi?


Singh bling

Recommended Posts

10 hours ago, mishra said:

How come there is growth in GDP then?

Separate issues , growth in GDP does not means jobs,Bush was accused of jobless growth in USA

Quote

He went on to say that even when it comes to industry, firms with less than 20 workers in the unorganized sector employ almost three fourths (73 percent) of the total manufacturing sector workforce though these firms account for only 12 percent of the manufacturing output in India (as per the 2011-12 data).

It is small sector which innefficient that create majority of jobs  , so more manufactoring output is not going to mean more jobs

Link to comment
Share on other sites

On 18/05/2016 at 9:22 PM, Singh bling said:

Separate issues , growth in GDP does not means jobs,Bush was accused of jobless growth in USA

 

Their is no exception to GDP growth vs job growth relation unless there is significant change in productivity.

India's GDP is not a productivity driven. Only in west you can materialize this concept

Link to comment
Share on other sites

×
×
  • Create New...