Labour File:
It has been amply established
that the new-liberal econom ic
policies imposed by the imperialist
globalization has utterly failed in
delivering goods, particularly in
bringing about prosperity to the
people of the world. On the contrary
it is irrefutably proved that hunger,
poverty, misery, unemployment and
joblessness have been growing
consistently. Inequality in the wealth
distribution is growing acutely into
explosive proportions.
The very recent report of
United Nations revealed that the
number of people suffering from
hunger throughout the world has
been on the rise and that the
number of undernourished people
is rising in the world a nd by 2016
there are 815 million under-
nourished people in the world.
The recent report of Inter
national Labour Organization(ILO)
had emphatically disclosed that
more than 700 million workers in
the world are living in poverty and
particularly that 145 million young
workers in developing and
emerging countries are living in
extreme poverty. It also informed
that 192.7 million people are
unemployed globally.
Such has been the grim reality
under the regime of neo-liberal
economy of imperialist globali-
zation.
But our rulers who are a part
and parcel of the neo-liberal
economic system have decided to
con the people with fallacious
claims and hood-wink them by
impressing that they are leading
the country in to prosperity through
their so-called progressive policies
and schemes!
Prime Minister Modi in the
election campaign as well in the
election manifesto had grandly
claimed that NDA government will
July - 2018
create 10 million new jobs in every
year. To make believe his claims he
started schemes like “Make in
India” on a grand scale; which is
nothing but acceleration of
privatisation.
In our country where 13 million
people enter in to the working age
population annually and 7 million
actually are looking for jobs along
with the already unemployed
seeking for jobs, even creation of
10 million new jobs every year will
not cater the need of jobs
adequately.
W orld Bank in its report
“Jobless growth?” estimates that
8.5 million jobs have to be created
to keep current unemployment rate
constantly.
But the creation of jobs is left
unanswered even to the extent of
those conservative estimates;
leave alone the quality of jobs. UBS
security India reports that job
quality in worsening gradually.
NITI Ayog itself has admitted
that there is “severe under
employment” and “exhorted the
need in the creation of high-wage
jobs”.
But neither the jobs are
created either in stated numbers
(quantity) or in quality as has been
claimed by the rulers.
But the NDA rulers have
chosen to make false claims about
creation of jobs every year.
The Prime minister, his
advisory board members, NITI Ayog
members have been consistently
propagating in the media that
around 1.5 crore jobs have been
created during the year 2016-17.
In fact due to the regularisation of
economy, around 70 lakhs of jobs
for the youth and 30 lakhs of jobs
for elder people above 65 years
were lost the net result being the
creation of only 18 lakhs of new
jobs. Due to the closure of small
and medium industries our
country’s economy is not progre-
ssing leading to unemployment.
The very fact that the
unemployment [email protected]% in the
first quarter of 2017-18 had raised
to 6.3% in March 18 and it soared
to 7.4% high in April 2018, speaks
about the acuteness of the
unemployment problem in our
country. That 2.5 million have
applied for a mere 90,000
vacancies in railways disclose two
aspects of the unemployment
problem. 1). Unemployment
problem is rampant in our country
2). Even those job holders of poor
quality are seeking higher wage
and secure jobs compared to
private/unorganized/informal jobs.
While such has been the grim
reality the NDA rulers and their
cohorts persistently argue that
there is a great job creation and
more of formal and secured job
creation and boast that India is the
second largest employer providing
jobs over 44 millions. But the fact
remains that 90% of work-force in
our country is informal.
But our rulers insist that they
created more jobs and formal jobs.
They show us the date of EPFO
as a proof for formal job creation
and MUDRA beneficiaries as self
employed people.
The sudden spurt in the
number of EPFO contributors is not
due to the created new jobs as
being claimed. The increase in
numbers is a consequence after
the amnesty become doled out to
employers (EPFO defaulters), who
newly registered their old un-
registered workers into the EPFO
scheme as members. Moreover the
EPFO data also reveals that 90%
of all the employers registered
within it are earning less than
17