The job crunch and the growing fires of nativism (The Hindu, Economy, GS-3)

15 Mar The job crunch and the growing fires of nativism (The Hindu, Economy, GS-3)

Issue:- a recent study 80% of women in Haryana who want to work cannot find a job.

• • Why
    • No Jobs in poor states, jobless growth, skill starvation.
    • Widening the inequalities between the richer and poorer states

• Issue of jobs

• • • Most richer states have infrastructure so most of the investment will come to these states only.
    • the most critical factor in the choice of a location
      •  A large business is what economists term as the ‘agglomeration effect’
        • I.e agglomeration: the ecosystem of supply chain, talent, good living conditions

• So jobs are becoming issue  and its effects

• • • More number of adults out of their jobs can become a trigger for social and political revolution.

• What is the way forward

• • Fiscal autonomy to the poor states.
  • More incentivisation to the FDI.
  • Skilling the way forward

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Swarn Singh

Plutus IAS Current Affair Team Member