Protectionism could take us to the cusp of ‘jobless’ India - News Summed Up

Protectionism could take us to the cusp of ‘jobless’ India


This is adversely affecting all the Indian exports including that of Business Process Outsourcing (BPO), technology support services and human capital. The Indian technology sector also seems to have cut back on fresh hiring, creating a grim scenario where almost 60% of the eight lakh engineers graduating from technical institutions across the country annually remain unemployed, a number ascertained by the All India Council for Technical Education. Agriculture sector still provides the means of livelihood for almost half the Indian workforce. Our rising manufacturing sector and the already booming services sectors are expected to absorb most of the people leaving their farms in search of higher quality jobs. What is important for us politicians to remember, however is that the aam aadmi is not concerned with theories.


Source: Hindustan Times May 08, 2017 01:52 UTC



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