The numbers scream: CMIE’s October 10 flash survey pegs joblessness at a 2025 peak, up from 7.8% in January, with 45 million youth sidelined. “Make in India” promised 100 million jobs by 2022; reality? Manufacturing stagnates at 14% GDP, services bloated but informal. Agnipath’s short-term military gigs? A farce, sparking 2024 suicides among recruits. Rural distress peaks: 60% of 1.4 crore new jobs informal, per PLFS 2025, trapping farmers in debt cycles.<\/p>\n
Critics, including Nobel laureate Amartya Sen, lambast “poor policies”: PLI schemes funneled Rs.2 lakh crore to corporates, yielding peanuts in employment. Inflation at 6.8%, food up 9%, erodes savings. Protests brew\u2014Mumbai’s October 8 marches drew 50,000, chanting “Naukri Do!” Echoing 2020’s migrant exodus, trains overflow with the dispossessed.<\/p>\n
In my view, this crisis demands a U-turn. Scrap Agnipath for permanent forces; revive MGNREGA with urban extensions, budgeting Rs.1 lakh crore. Tax reforms: Plug loopholes letting billionaires hoard while MSMEs gasp. Skill India? Overhaul it\u2014focus on AI, green jobs, not rote training. And politically? Opposition’s INDIA bloc must unite on a “Jobs First” manifesto, pressuring budgets.<\/p>\n
India’s demographic dividend is flipping to bomb. Ignore 300 million youth’s fury, and 2029 elections become a reckoning. Modi\u2019s mirage shatters; time for equitable dawn.<\/p>\n
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