Debunking the Myth of Job Creation in India

• Employer-centric approach overlooks mismatch between employability and actual employment opportunities.

• Potential to strengthen employer bargaining power, leading to wage gaps.

• Only 8.25% of graduates are employed in roles matching their qualifications.

• Over 53% of graduates and 36% of postgraduates are underemployed in semi-skilled or elementary occupations.

• Only 4.2% of graduates in specialized roles earn between ₹4 lakh-8 lakh per annum.

• Scheme marginalizes 90% of the informal sector’s labour force, risking establishing structural inequalities.

• Potential normalization of disguised unemployment.

• Special focus on manufacturing reveals sectoral blind spot due to declining employment elasticity.

• Alternatives include investment in skilling and education reforms, and shifting initiatives from short-term to long-term sustained employment opportunities.

India job creation myth is important topic for Civil service exam (WBCS).

🚨Daily Current Affairs MCQ pdf download- Google Drive Link https://drive.google.com/drive/folders/1PN6A2mDkCngLsGR115zhZ_vTV8W7AKN8?usp=drive_link

✅Telegram channel link: https://t.me/TheSoumyaSir

✅Attempt the daily current affairs test in our free section of app (android and ios) : https://play.google.com/store/apps/details?id=co.iron.rrnvu

✅ Interview related telegram group https://t.me/IASWBCSInterview 🔥 Book free consultation with WBCS Gr A Officer: https://bit.ly/Free-Appointment-with-Soumya-Sir-Other-WBCS-A-Officer

✅ Courses https://www.wbcsmadeeasy.in/courses/

✅ Attempt previous years questions : Link: https://bit.ly/wbcs-pyq-wbcsmadeeasy

✅ Take subject wise Chapterwise mock test : https://bit.ly/wbcs-prelims-all-subjects-chapter-wise-test

✅ Bio – https://bit.ly/m/wbcs-made-easy

✅ App download – Android: https://play.google.com/store/apps/details?id=co.iron.rrnvu&pcampaignid=web_share (iOS available too)

WBCS MADE EASY www.wbcsmadeeasy.in

8274048710/8585843673

Jawahar IAS www.jawaharias.in 7439954855