Prime Minister Narendra Modi and his government claim that India is the fastest growing economy in the world. But, the government has totally failed in creating new jobs. Prime Minister’s slogans like “Make in India”, “Skill India”, etc., have miserably failed to create new jobs. The Quarterly Employment Survey, conducted by the Labour Bureau of the government of India, shows that only 12,000 jobs are created by the Manufacturing Sector in India, during the six month period between 01-04-2016 and 01-10-2016. The total jobs created during this 6 month period, by 8 key sectors, viz., Manufacturing, Construction, Trade, Transport, IT/BPO, Education, Health and Accommodation was only 1,10,000. Besides, after becoming prime minister, Narendra Modi has made 56 foreign trips and has visited 45 countries, to bring foreign investment. But, the above mentioned Survey shows that growth in capital formation has also steeply gone down in 2016-17 compared to 2015-16. The growth in capital formation was 6.1% in 2015-16 and it has come down to 0.6% in 2016-17. The BJP accused that during the UPA rule, the economy was paralysed due to the inefficiency of the government. But, what the above figures show? The BJP is expert only in creating communal hatred, but not in creating jobs and solve the problem of the unemployed youth.

(courtesy: BSNLEU website.)