Why Does the Prime Minister Never Discuss Employment in Mann Ki Baat?
Traditionally, the unemployment rate in India has been in the range of 6 to 8 percent, and in the worst scenario, during Congress rule, it even reached 10 percent. However, today, as of 2023-2024, the unemployment rate has decreased to 3.2 percent, making it an all-time low, thanks to the Modi government.
Understanding that both unemployment and inflation should be as low as possible, while growth rates should be as high as possible, these conditions are now being met. Yet, one can't help but wonder why the Prime Minister doesn't address this issue more frequently during his Mann Ki Baat broadcasts.
Employment Promises vs. Job Creation Challenges
Employment was amongst his key promises during electoral campaigns. He repeatedly assured the nation that he would ensure the creation of two crore (20 million) jobs every year. However, instead of seeing a surge in job creation, the nation is witnessing a severe 'missing jobs' crisis. This issue falls under the domain of state governments rather than the central government, as exemplified by the case of West Bengal, where multiple industries shut down due to state government policies, and Tata Nano moved to Gujarat.
The Prime Minister, like all politicians, is approaching the end of his tenure. It is natural for him to envision the next stage of his career, which may involve serving tea to people shouting 'Chai Chai Chai' as they praise him. This shift in focus highlights a strategic decision to avoid discussing employment issues.
Economic Policies and Investment
The government has initiated several policies to enhance employment, such as ease of doing business, Skill India, Make in India, Atmanirbhar Bharat (Self-reliant India), and others. However, these policies alone, without a significant infusion of investment, are not sufficient to create employment. According to the Reserve Bank of India (RBI), Rs 10 trillion was invested on new projects in 2020-21, and Rs 2.75 trillion on manufacturing during October-December 2020. If Indians showed more respect and support to entrepreneurs like Mukesh Ambani and Gautam Adani, there would be a higher chance of job creation.
The question arises: Is the Prime Minister responsible for unemployment? Has he increased population, told people to have multiple wives, or permitted illegal immigration from Bangladesh and Myanmar? These are not his responsibilities, and his efforts are focused on economic policies that aim to boost the economy and GDP growth, leading to employment generation over time.
Focus on Economic Development Over Unemployment
Instead of focusing on employment, the emphasis should be on economic development that fosters investment, growth, and improved standards of living. The Prime Minister's tenure is characterized not just by promises but by a series of policy measures that are intended to create a conducive environment for job creation. Investment, rather than constant discussion on unemployment, is the key driver of job creation. Indian policymakers and citizens, as well as potential foreign investors, need to recognize this critical role.
In conclusion, while unemployment is a pressing issue, the government's primary focus should be on economic policies that drive investment and growth. The Prime Minister's emphasis on various economic initiatives is a step towards addressing the root causes of unemployment in the long term. Continued investment and supportive policies will eventually lead to the creation of more jobs and sustainable economic growth.