India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy
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NEW DELHI — As India gears up for the second phase of its general elections, the issue of unemployment is increasingly taking center stage, with opposition leader Rahul Gandhi charging Prime Minister Narendra Modi and his ruling BJP of making the country “a center of unemployment.”
Joblessness is particularly high among India’s youth — with those aged 15 to 29 making up a staggering 83% of all unemployed people in India, according to the “India Employment Report 2024,” published last month by the International Labour Organisation (ILO) and the Institute of Human Development (IHD).
“Modi has aggravated unemployment in the country. Those able to provide jobs have been devastated due to demonetization and wrong Goods and Services Tax regime,” Gandhi said Saturday at a rally in the eastern state of Bihar in India.
In a move …