India’s growing job crisis | DW Business

India should have asked these questions 20 years ago

Millions of Indians emigrate every year. Massive inequality in the country.

And they say Perfect Matches dont exists. DW-Rajan

It's not a challenge to modi bcz he do not care about job crises in India, unemployed is rising rapidly highest since 1970 but for modi only developed of his party and certain industrialists matters . Taxing people like Europe giving facilities like Uganda. Sadly no media channel cares about this issue so no one asks modi question that's why he doesn't care about unemployed.

How can a man save all jobless while a few neighbor suffering betrayers

India dont need Modi

India must focus to grow within and not trying to compete with China.

Indians will find their way out in Canada 🇨🇦. DW is worried too much

This man is really amazing! He is spot on, bull’s eye, on the real problems and solutions 🤯

Manufacturing is going to Vietnam and Mexico. Now companies are not looking to India as primary manufacturing . Service sectors must be given priority now

Thank you for this beautiful news report DW ❤

We, Turkey, have done this reverse brain drain. How? Giving high salaries. India should quit being greedy and rise wages

The problem that India does not understand is that India does not have the skillset and competency to compete with China. China does not have huge economic disparity compared to India. The economic disparity is the result of Hinduism that encourages caste systems.

Is Insia not the fastest growing economy in the world given the population size? So you can imagine how this issue affects other countries.....

Well explained

Make india part of the EU!😅😅😅😅😅😅

He spoke well, but the conclusion is wrong. The problem is service industry is nothing India needs for its domestic market, its own people. Manufacturing is a good starting point for developing countries, because at the same time of exporting those products, the country itself, its infrastructure and people's quality of life can benefit from it. Without it, no matter how many highly trained people you have in high-end jobs, they will want to move abroad as soon as they have the chance.. On top of this, he admits that service industry can't create so many jobs, and with the advance of AI, it will decrease even more.

Harsh truth

As of January 2024, over 855 thousand companies were defunct or struck off in India. On the other hand, about 33 thousand companies were amalgamated or merged during same time period. The total number of closed companies in the country stood at about 924 thousand as of 2024.27 Mar 2024. The list of obstacles they face in India is equally long: “regulatory flip-flops, high tariff barriers, red tape, corruption, perplexing land policies, infrastructure issues and others tied to the ease of doing business,”.

Ah I see they fast tracked that trickle down economics