What is the unemployment rate in India?
Currently it is said to be around 7.8 per cent, unemployment has been rising in India. This has led to a migration of huge numbers of people from rural to urban areas. With over 65 per cent of India’s population under the age of 35, the country needs to create 6 crore (60 million) jobs over the next five years to prevent the unemployment rate from gaining unmanageable proportions. What are the demerits of the Bill? • The decision to provide Rs 60 per day for a guaranteed 100 days rural employment translated to only Rs 500 a month, which is not sufficient to run a family. • The law could lead to friction within a family over selection of the member to be provided the job. • It is feared that in the process women and physically challenged could be left out. • The decision to make the state governments finance 10 per cent of the scheme could lead to financial problems because of the poor financial conditions of some states. Why is there more resistance to the scheme? Many people feel that
