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Joblessness among urban youths was over 19 per cent or nearly three times the 2012 level even before Covid-19 hit India, official survey reports have shown.
The findings buttress the view that the Narendra Modi government’s economic decisions, including the 2016 demonetisation, had led to widespread unemployment.
Labour economist Santosh Mehrotra said the situation would be much worse now, after the lockdown.
He warned that the job scene would further deteriorate for educated youths in the next 10 years because of poor employment creation in a stressed economy where the entry of new job seekers was accelerating.
According to a paper published last year by Mehrotra and researcher Jajati Parida, titled “India’s Employment Crisis: Rising Education Levels and Falling non-Agricultural Job Growth”, the unemployment rate among youths (aged 15 to 29) was 6.1 per cent in 2012.
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