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- HPCL R&D Recruitment 2023: Join the Innovative Research Team
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- CGRHQ (NW) Recruitment 2023: Join the Coast Guard Region North West Team
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- IDBI Bank Recruitment 2023: 600 Junior Assistant Manager Posts – Apply Now!
- NSIC Special Recruitment Drive 2023-24: Filling 30 Managerial Vacancies
- Andaman and Nicobar Command Recruitment 2023: Apply for 362 Tradesman Mate Vacancies
- RBI Assistant Recruitment 2023: Apply Online for 450 Assistant Posts by 4th October
- OSEPA Junior Teacher Recruitment 2023: Apply Now for Odisha’s Premier Teaching Opportunity
- SCDCC Bank Recruitment 2023 for 125 Computer Programmer and Clerk Positions
- NALCO’s 2023 Executive Recruitment (Advertisement No. 10230208)
- ONGC Apprentice 2023: Apply Online for 2500 Vacancies
- JPSC Civil Judge Recruitment 2023: Apply for 138 Civil Judge (Junior Division) Posts
- Exclusive BDL Management Trainee Recruitment 2023 Opportunity
- Career Opportunities: National Seeds Corporation Recruitment 2023
- Chief Minister Employment Generation Programme, Maharashtra
- Recruitment to The Post of GETs, Odisha
- Registration of Independent Individual Worker and Registration of Worker by Principal Employer/ Service Provider/ Sub Service Provider/ Owner of Establishment, Sikkim
- Renewal of Independent Individual Worker and Registration of Worker by Principal Employer/ Service Provider/ Sub Service Provider/ Owner of Establishment, Sikkim
- MSME SAMPARK Online Placement Portal
- Apply for Auto Renewal of License for Recruitment & Employment in Form Ix Under Rule 15 (2) of The interstate Migrant Workmen (R.E & C.S.) assam Rules, 1981, Assam
- Apply for Auto Renewal of License in Form Vii Under Rule 29 (2) of The Contract Labour (R & A) Rules, 1971, Assam
- Apply for License of a Contractor's for Employment of Migrant Workmen in Form V Under Section 8 1 B of the interstate Migrant Workmen Re & Cs Act 1979 and Rule 7 2 of the Assam Rules, Assam
- Apply for License of a Contractor(S) in Form IV Under Section 12 of The Contract Labour (R & A) Act, 1970 and Rule 21 (1) of The Assam Rules, Assam
- Apply for Registration under the Inter State Migrant Workmen (Regulation of Employment and Conditions of Service) Act 1979., Kerala
- Road Cutting and Utility Shifting Management Portal, Kerala
- Apply for Financial Assistance to Disabled Children of Registered Worker of HBOCWW Board, Haryana
- Apply for Scheme Providing Employment Opportunities to Scheduled Castes, Haryana
- Apply for Haryana Subordinate Accounts Service Examination (HSAS) Part-II OB/LAD, Haryana
- Apply for Employee Verification Request, Haryana
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Though their protests failed to achieve a positive outcome, the daily-wage workers in Mumbai and other cities had the incentive to continue their protest for the seventh day. After all, the central government’s job guarantee scheme had faced severe criticism from NGOs and the media on account of its shortcomings in implementing its mandate. As pointed out by the media, job guarantee schemes cannot be seen as real solutions to India’s unemployment woes, but rather as a catch-up effort by the incumbent government. As employment opportunities diminish further, workers’ protests are likely to grow in number in other parts of the country.
Job Guarantee Exacerbates Jobless Growth
By the last quarter of 2012, jobless growth in India was 10% of the country’s workforce. As India’s population grows, this trend is expected to exacerbate the existing crisis. In 2010, unemployment accounted for 36% of the country’s labour force.
Job Guarantee For Banks
With the proposed job guarantee scheme, India’s job market could see unprecedented growth as banks try to get re-established and re-established to deal with large numbers of jobless unemployed people, who would attempt to earn their daily wage by selling vegetables, fruits and other products.
Labour Force Participation In India
At 41% of the Indian workforce, India’s jobless growth is certainly alarming. This situation is further exacerbated by the labour force participation rate, which stands at an abysmal 40.8%. This explains the significant investment by the central government in job guarantee schemes.
Re-Employment Efforts Fail
Since 2004, India has been engaged in a fierce fight against unemployment. The government has spent millions of rupees on re-employment initiatives, with many successful initiatives. However, these initiatives have suffered from several shortcomings. The main problem is that companies do not want to engage in fresh investments as they do not think re-employment efforts would be of many benefits. Instead, they want to hire fresh graduates in large numbers for employment, increasing unemployment.
Re-Employment Efforts Fail For Up To 70%
With increasing unemployment, India’s job market could see massive growth. As a result, the government plans to invest more in the job guarantee scheme, pushing it towards the maximum extension it can. One positive outcome is that government schemes are likely to provide new jobs to many new entrants, but the existing unemployment problem will only be exacerbated.
Conclusion
Whether the wage bill is increased or not is not the most relevant issue at this point. What is important is that new jobs will be created and that existing jobs will not be eliminated, especially those related to services. If there are no new jobs, the existing job market will simply be left to perish. Also, it would not be a bad idea for the government to consider the possibility
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