Why we need to incentivise the creation of quality jobs

While our unemployment rates are low, these numbers hide a multiplicity of types of employment, most of which are not considered desirable. People opt for them because the alternative is doing nothing at all

R Srinivasan
February 16, 2024 / 11:29 AM IST
Why we need to incentivise the creation of quality jobs

Low unemployment rate of India masks the problem of low quality jobs.

Highlights: Two videos that highlight long applicants’ queue and protests show the stark picture of unemployment in India Low unemployment rate of India masks the problem of low quality jobs Jobs are not commensurate with skills available and sustained growth hasn’t resolved the issue Government needs to offer incentives to private sector to create more quality employment   Two videos which went viral on social media last week tell us more about the state of employment – or rather, unemployment – in India than a...