What, according to Jago Party, is the cause of unemployment and poverty in India?
At present, about 30% people in India are unemployed. About 30% live below poverty line, i.e., earn less than Rs 300 p.m. Unemployment is a condition where there is supply of more labor and less business enterprise. This mismatch in supply occurs either due to too much increase in population or too many restrictions on free enterprise imposed by government or both. In India, both types of mismatches have happened. First, there is hardly any disincentive for producing more than 2 children. Indian population grows by 1.53 crore every year adding almost as much as the total population of Chile annually. Secondly, there are too many problems in setting up a new business: lack of business-oriented education & training; anti-business labor laws; obtaining permission from dozens of government departments; paying a plethora of taxes; non-availability of power and other infrastructure; paying bribes to government officials to speed up the file and so on. Yes, after 1991 economic liberalization,
