Skip to main content

Unemployment rate 6.9%: Industry admits, retaining employees becoming tough

By Mahesh Trivedi*
India may be the world’s fastest-growing major economy, but the link between growth and job creation is clearly weakening. According to expert estimates, the current growth rate of 7% is only leading to just 1% improvement in employment. Indeed, the view has gone strong, if the Government of India (GoI) fails to create opportunities for the young workforce hunting for decent jobs, Prime Minister Narendra Modi’s re-election dream may be smashed to smithereens and the economy’s current pace of expansion would be stonewalled.
Not without reason, India’s 30-million-odd frustrated job-hunters appear to be fretting and fuming over the GoI’s failure to provide employment.
On November 8, the opposition Congress Party held nationwide protests, marking the second anniversary of demonetization, which many of these youths feel, left them bruised and battered.Earlier, 10,000 angry, educated members of the Democratic Youth Federation of India (DYFI) from different states, marched to Parliament to express their anxiety about their future and disappointment with the betrayal of promises made by the prime minister in 2014.
Addressing the youth, DYFI leader Preethy Shekhar told the angry youth that the Modi government in its slew of tall promises had launched ambitious projects in their name, but these had fallen flat. Projects like Skill India and Make-in-India had failed to produce even half the amount of targeted jobs shattering especially women job-seekers’ dreams.
Studies revealed that the unemployment rate in the country has risen to 6.9%, the highest in two years, and the count of the jobless men and women actively looking for job almost doubled to 29.5 million last month from a low of 14 million in July last year.
According to the Centre for Monitoring Indian Economy, the labour participation rate – a measure of the proportion of adults willing to work – fell to 42.4%, the lowest since January 2016, but Prime Minister Narendra Modi kept shouting from rooftops about a “fourth industrial revolution”, saying it will change the nature of jobs and provide more opportunities.
After taking up the reins of the country, the Modi administration had promised 20 million new jobs every year, meaning 90 million jobs by now after four and a half years, but the data released by his government shows that only 600,000 new jobs have been created.
The plight of on-the-breadline job-seekers could be gauged from the fact that as many as 992 PhD scholars, 23,000 M Phil holders, 2,50,000 post-graduates and 800,000 graduates were among the two million applicants for exams conducted earlier this year by the Tamil Nadu Public Service Commission to fill 9,500 posts of typists, village administrative officers and stenographers, not to forget the 28 millions who applied for 90,000 jobs in the Indian Railways not long ago.
An Azim Premji University study found that the unemployment rate among the highly educated youth in India is as high as 16%, and after demonetization and goods and services tax (GST), the small and medium industries in the country had collapsed with an estimated job loss of 2.4 million, with export rates falling by 24%.
In Modi’s own home state of Gujarat, six million people are running from pillar to post for decent jobs and some 3,000 youths have committed suicide in the past 17 years, including the 13-year Modi rule, after they lost their job or were sacked from their cash-strapped workplaces.
While former president of the Gujarat Chamber of Commerce and Industry Bipin Patel said that sectors like textile and diamond were crippling, and even retaining existing employees was becoming tough, Gujarat Congress spokesman Manish Doshi said the state government was making hollows claims about employment and blasted its fixed-wage policy.
With the government not stirring a finger to rehabilitate them in the Valley, even Kashmiri Pandits leading an exiled life for the past 29 years are seething with anger after 250 of their marchers demanding the promised 6,000 jobs for displaced youths were beaten black and blue and hauled up by the police in Udhampur district last fortnight.
Mahesh Trivedi
If out-of-work youngsters in Odisha have been demonstrating in front of government offices and accusing ministers of swindling huge money in the name of organizing job fairs, the government of Modi’s Bharatiya Janata Party in Rajasthan, which boasts a huge 53 percent youth population, is also under fire for failure of its ambitious skill development programs and for providing jobs to only 12,854 youths out of the 860,000 available-for-hire citizens registered in employment exchanges.
---
*Senior Ahmrdabad-based journalist

Comments

TRENDING

NYT: RSS 'infiltrates' institutions, 'drives' religious divide under Modi's leadership

By Jag Jivan   A comprehensive New York Times investigation published on December 26, 2025, chronicles the rise of the Rashtriya Swayamsevak Sangh (RSS) — characterized as a far-right Hindu nationalist organization — from a shadowy group founded in 1925 to the world's largest right-wing force, marking its centenary in 2025 with unprecedented influence and mainstream acceptance. Prime Minister Narendra Modi , who joined the RSS as a young boy and later became a full-time campaigner before being deputized to its political wing in the 1980s, delivered his strongest public tribute to the group in his August 2025 Independence Day address. Speaking from the Red Fort , he called the RSS a "giant river" with dozens of streams touching every aspect of Indian life, praising its "service, dedication, organization, and unmatched discipline." The report describes how the RSS has deeply infiltrated India's institutions — government, courts, police, media, and academia — ...

From colonial mercantilism to Hindutva: New book on the making of power in Gujarat

By Rajiv Shah  Professor Ghanshyam Shah ’s latest book, “ Caste-Class Hegemony and State Power: A Study of Gujarat Politics ”, published by Routledge , is penned by one of Gujarat ’s most respected chroniclers, drawing on decades of fieldwork in the state. It seeks to dissect how caste and class factors overlap to perpetuate the hegemony of upper strata in an ostensibly democratic polity. The book probes the dominance of two main political parties in Gujarat—the Indian National Congress and the BJP—arguing that both have sustained capitalist growth while reinforcing Brahmanic hierarchies.

ArcelorMittal faces global scrutiny for retreat from green steel, job cuts, and environmental violations

By  Jag Jivan    ArcelorMittal is facing mounting criticism after cancelling or delaying nearly all of its major green steel projects across Europe, citing an “unsupportive policy environment” from the European Union . The company has shelved projects in Germany , Belgium , and France , while leaving the future of its Spanish decarbonisation plan uncertain. The decision comes as global unions warn that more than 5,500 jobs are at risk across its operations, including 4,000 in South Africa , 1,400 in Europe, and 160 in Canada .

Domestic vote-bank politics 'behind official solidarity' with Bangladeshi Hindus

By Sandeep Pandey, Faisal Khan  The Indian government has registered a protest with Bangladesh over the mob lynching of two Hindus—Deepu Chandra Das in Mymensingh and Amrit Mandal in Rajbari. In its communication, the government cited a report by the Association of Hindus, Buddhists and Christian Unity Council, which claims that more than 2,900 incidents of killings, arson, and land encroachments targeting minorities have taken place since the interim government assumed power in Bangladesh. 

Gig workers’ strike halts platforms, union submits demands to Labour Ministry

By A Representative   India’s gig economy witnessed an partial disruption on December 31, 2025, as a large number of delivery workers, app-based service providers, and freelancers across the country participated in a nationwide strike called by the Gig & Platform Service Workers Union (GIPSWU). The strike, which followed days of coordinated protests, shut down major platforms including Zomato , Swiggy , Blinkit , Zepto , Flipkart , and BigBasket in several areas.

2025 was not just a bad year—it was a moral failure, it normalised crisis

By Atanu Roy*  The clock has struck midnight. 2025 has passed, and 2026 has arrived. Firecrackers were already bursting in celebration. If this is merely a ritual, like Deepavali, there is little to comment on. Otherwise, I find 2025 to have been a dismal year, weighed down by relentless odds—perhaps the worst year I have personally witnessed.

Dalit woman student’s death sparks allegations of institutional neglect in Himachal college

By A Representative   A Dalit rights organisation has alleged severe caste- and gender-based institutional violence leading to the death of a 19-year-old Dalit woman student at Government Degree College, Dharamshala, Himachal Pradesh, and has demanded arrests, resignations, and an independent inquiry into the case.

The instrument of oppression and liberation: A new look at the flute in Hindi poetry

By Ravi Ranjan*  The intellectual revolution brought about by structuralism in the mid-twentieth century fundamentally altered the way scholars approached literature, language, anthropology, and culture. At its core lay the conviction that all human expressions—whether linguistic, mythic, or literary—are organized by deep, underlying structures that reflect universal patterns of the human mind. 

Celebrating 125 yr old legacy of healthcare work of missionaries

Vilas Shende, director, Mure Memorial Hospital By Moin Qazi* Central India has been one of the most fertile belts for several unique experiments undertaken by missionaries in the field of education and healthcare. The result is a network of several well-known schools, colleges and hospitals that have woven themselves into the social landscape of the region. They have also become a byword for quality and affordable services delivered to all sections of the society. These institutions are characterised by committed and compassionate staff driven by the selfless pursuit of improving the well-being of society. This is the reason why the region has nursed and nurtured so many eminent people who occupy high positions in varied fields across the country as well as beyond. One of the fruits of this legacy is a more than century old iconic hospital that nestles in the heart of Nagpur city. Named as Mure Memorial Hospital after a British warrior who lost his life in a war while defending his cou...