News / Asia

India’s Jobless Hit Hard by Lagging Economy

India’s Jobless Hit Hard by Lagging Economyi
March 20, 2013 11:19 AM
With India's economic growth at its lowest point in a decade, some are questioning whether the South Asian nation should still be counted among the world's most influential, emerging economies. As Indian leaders head to next week’s BRICS summit in South Africa, New Delhi correspondent Aru Pande has more on how India’s slow growth is affecting those seeking work.
Aru Pande
With India's economic growth at its lowest point in a decade, some are questioning whether the South Asian nation should still be counted among the world's most influential, emerging economies. 

Evidence of India’s slowing economy can be seen from local car dealerships - where auto sales are set to decrease for the first time in 10 years - to job training workshops where unemployed young people like Yogesh Dahiya get interview advice.  The New Delhi resident says finding a job in India’s retail sector is tough.

"As the market is going down, competition is so high," he said.

Employment consultant Alka Kohli says she has seen a change in the job market since starting her training and recruiting company.

"There are many more people who need jobs now than they needed five years ago, that is definitely there," she said. "However, earlier there was a trend of a lot of people going for post graduation [post-grad degrees] and asking for jobs, but now people understand that post-graduation is not translating into the job market."

As India’s once double-digit growth rate dips to five percent, analysts like Rajiv Kumar with the Center for Policy Research warn that future growth depends on large-scale job creation to employ the next generation of workers. He says that means adding one million new jobs every month for the next two decades.

"The long-term strength of the Indian economy is supposed to be its young population, but if you do not, for example, create these jobs now - these young people will be frustrated, will be angry and will be out in the streets, which will then impact your long-term growth prospects," he said.

Ahead of this year’s BRICS summit in South Africa, Kumar says India should not focus too much on its standing among other emerging economies such as Indonesia, which is becoming a favorite for foreign investors.

Instead, he says officials should focus on domestic problems like improving governance, the public education system and the country’s infrastructure.

"Your major cities - Lucknow, Varanasi, Chennai - they have all got four, six, eight hours of power cuts," he said. "Now how does a country or an economy work without this?"

As job applicants like Sachin Dwivedi sharpen their skills at training centers for the tighter labor market, many are optimistic that the economy will bounce back.

"I faced the interview, one or two interviews, but I could not succeed. But still there is hope and I am trying my best."

For India’s leaders, much is riding on their ability to meet the expectations of hundreds of millions of new workers.

You May Like

800-Pound Man Determined to Slim Down

Man says he was kicked out of hospital for ordering pizza; wants to be an actor More

Australia Prepares to Resettle 12,000 Syrian Refugees

Preference will be given to refugees from persecuted minorities, and the first group is expected to arrive before late December More

S. African Miners Seek Class Action Suit Against Gold Mines

The estimated 100,000 say say they contracted the lung diseases silicosis and tuberculosis in the mines More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Amnesty Accuses Saudi Coalition of ‘War Crimes’ in Yemeni
Henry Ridgwell
October 12, 2015 4:03 PM
The human rights group Amnesty International has accused the Saudi-led coalition of war crimes in airstrikes against Houthi rebels in Yemen. Henry Ridgwell reports the group says hundreds of civilians have been killed in strikes on residential areas.

Video Amnesty Accuses Saudi Coalition of ‘War Crimes’ in Yemen

The human rights group Amnesty International has accused the Saudi-led coalition of war crimes in airstrikes against Houthi rebels in Yemen. Henry Ridgwell reports the group says hundreds of civilians have been killed in strikes on residential areas.

Video No Resolution in Sight to US House Speaker Drama

Uncertainty grips the U.S. Congress, where no consensus replacement has emerged to succeed Republican House Speaker John Boehner after his surprise resignation announcement. Half of Congress is effectively leaderless weeks before America risks defaulting on its national debt and enduring another partial government shutdown.

Video New Art Exhibit Focuses on Hope

Out of struggle and despair often comes hope. That idea is behind a new art exhibit at the American Visionary Art Museum in Baltimore, Maryland. "The Big Hope Show" features 25 artists, some of whom overcame trauma and loss. VOA’s Deborah Block reports.

Video Columbus Day Still Generates Controversy as US Holiday

The second Monday of October is Columbus Day in the United States, honoring explorer Christopher Columbus and his discovery of the Americas. The achievement is a source of pride for many, but for some the holiday is marked by controversy. Adrianna Zhang has more.

Video Anger Simmers as Turks Begin to Bury Blast Victims

The Turkish army carried out new air strikes on Kurdistan Workers Party (PKK) targets on Sunday, a day after the banned group announced a unilateral cease fire. The air raids apparently are in retaliation for the Saturday bombing in Turkey's capital Ankara that killed at least 95 people and wounded more than 200 others. But as Zlatica Hoke reports, there are suspicions that Islamic State is involved.

Video Bombings a Sign of Turkey’s Deep Troubles

Turkey has begun a three-day period of mourning following Saturday’s bomb attacks in the capital, Ankara, that killed nearly 100 people. With contentious parliamentary elections three weeks away, the attacks highlight the challenges Turkey is facing as it struggles with ethnic friction, an ongoing migrant crisis, and growing tensions with Russia. VOA Europe correspondent Luis Ramirez reports.

Video Afghanistan’s Progress Aided by US Academic Center

Recent combat in Afghanistan has shifted world attention back to the central Asian nation’s continuing civil war and economic challenges. But, while there are many vexing problems facing Afghanistan’s government and people, a group of academics in Omaha, Nebraska has kept a strong faith in the nation’s future through programs to improve education. VOA’s Greg Flakus has more from Omaha, Nebraska.

Video House Republicans in Chaos as Speaker Favorite Withdraws

The Republican widely expected to become the next speaker of the House of Representatives shocked his colleagues Thursday by announcing he was withdrawing his candidacy. The decision by Majority Leader Kevin McCarthy means the race to succeed retiring Speaker John Boehner is now wide open. VOA National Correspondent Jim Malone reports.

Video German, US Officials Investigate Volkswagen

German officials have taken steps to restore some of the reputation their car industry has lost after a recent Volkswagen diesel emissions scandal. Authorities have searched Volkswagen headquarters and other locations in an effort to identify the culprits in the creation of software that helps cheat on emission tests. Meanwhile, a group of lawmakers in Washington held a hearing to get to the bottom of the cheating strategy that was first discovered in the United States. Zlatica Hoke reports.

Video Why Are Gun Laws So Hard for Congress to Tackle?

Since taking office, President Barack Obama has spoken out or issued statements about 15 mass shootings. The most recent shooting, in which 10 people were killed at a community college, sparked outrage over the nation's gun laws. But changing those laws isn't as easy as many think. VOA's Carolyn Presutti reports.

Video In 'He Named Me Malala,' Guggenheim Finds Normal in Extraordinary

Davis Guggenheim’s documentary "He Named Me Malala" offers a probing look into the life of 18-year-old Malala Yousafsai, the Pakistani teenager who, in 2012, was shot in the head by the Taliban for standing up for her right to education in her hometown in Pakistan's Swat Valley. Guggenheim shows how, since then, Malala has become a symbol not as a victim of brutal violence, but as an advocate for girls’ education throughout the world. VOA’s Penelope Poulou has more.

Video Paintable Solar Cells May Someday Replace Silicon-Based Panels

Solar panels today are still factory-manufactured, with the use of some highly toxic substances such as cadmium chloride. But a researcher at St. Mary’s College, Maryland, says we are close to being able to create solar panels by painting them on a suitable surface, using nontoxic solutions. VOA’s George Putic reports.

VOA Blogs