INDIA
JOBLESSNESS ON THE RISE DESPITE MODI GOVERNMENT REFORMS
UNEMPLOYED NUMBER IS RISING IN INDIA, WARNS ILO
2017-01-15 05:15
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The Narendra Modi Government’s economic policies including demonetisaion in November last year, have lead to increasing joblessness in the country making a mockery of ache din projected by the Prime Minister when he took over in May 2014.The economic crisis has accentuated in the rural areas with the demonetisation as despite all talks of supplying notes to the rural banks, the situation is grave and the cash based trade in the rural areas, has collapsed. Since many of the links have been disrupted, it will take time for the rural businesses to come back to the normal condition.