Resolution on Unemployment Featured

Unemployment in our country had been on the rise because of the Liberalization – Privatization- Globalization Policies pursued as part and parcel of the Imperialist Globalization process that went on integrating our economy with the international finance capital in a malignantly transformative way for the last 25 years. Now it is projected to witness significant increase between 2017 and 2018, signalling stagnation in job creation in the country, according to a UN labour report.

The U N International Labour Organisation (ILO) in its 2017 World Employment and Social Outlook report finds economic growth trends lagging behind employment needs and predicts both rising unemployment and worsening social inequality throughout 2017. Job creation in India is not expected to pick up pace in 2017 and 2018. Unemployment in India is projected to increase from 17.7 million to 17.8 million in 2017 and 18 million next year. This however does not looks to have taken the negative impact of the aftermath of demonetization into account; as the parameters to do so is not clear so far.  
Already, unemployment rate in India had shot up to a five-year high of 5 per cent in 2015-16, with the figure significantly higher at 8.7 per cent for women as compared to 4.3 per cent for men, according to the report by Labour Bureau. The figures betrayed the hollowness of the ‘Make in India’ slogan of the Modi Government.
 
In rural sector, unemployment rate was 5.1 per cent whereas in urban sector, the rate was 4.9 per cent under the UPS approach. . Female unemployment rate was estimated to be 8.7 per cent, whereas for males it was 4.3 per cent; marking significant disparity in that case too. In urban areas, female unemployment rate was estimated to be 12.1 per cent at pan-India level compared to 3.3 per cent for males and 10.3 per cent for transgenders. 
 
The All India Conference of the Democratic Youth Federation of India demands the government to take definitive and decisive steps to repeal the LPG policies that resulted in unabated fall in job creation and methodic rise in trimming the labour force in public and private establishments encompassing the primary, secondary and tertiary sectors of the economy as such. The conference also demands for conscious steps from the part of the governments at centre and states to consciously evolve and implement planning and execution of developmental strategies pivoting on the cardinal necessity of employment generation in sustained character.
 
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10th All #India Conference of #DYFI adopted the resolution unanimously.
Last modified on Friday, 03 February 2017 22:47
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