Unemployment-An infrastructural crisis
Monday, March 25, 2019
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As per the Business Standard Newspaper, jobless rate has stand at 6.1% in this year. The pace of unemployment rate is decreasing rapidly from 2014. Young unemployed peoples are in frustration due to joblessness. Infrastructural damage, economic slow down, poor focus on employment opportunities are the few causes of unemployment rate diminishing. Less focus on industrial development, agriculture funds, less opportunity for ease of doing business are the main causes of infrastructure damage. Banking frauds, overburdened NPA pressure on banks that is the indication of PCA for at least 1 year performed by RBI, terrorist activities are the few causes of economic slowdown. Poor condition of providing loan to the farmers or narrow mentality for not repaying the capital or due to insufficient of rain that curb the farmers to meet their target, is some reason for slowdown agricultural development. People are not interested for doing business by their own instead they need government appointment for living peacefully rest of their life. If youngsters change their mentality to business from looking for government employee, Indian youngster will be job provider not job taker at the eleventh hour.
Thank you..
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