Jobs

The general political discourse on the need for jobs for the burgeoning youth population treats the shortfall of jobs as an isolated matter as if the government can generate jobs by its sheer willpower. The fact is that it is the economy or the market that creates the job. And the key to unlocking the expansion of the economy and its capacity lies in the hands of the ordinary citizens; they need to be capital friendly in their approach and articulations. Only they can drive the dispensations across the land to ease doing businesses further and make the national economy internationally competitive. There is no other way. The non-market approach of collective good failed miserably everywhere. The history of the twentieth century imparts this critical lesson with all the details of the brutalises the experiments unleashed.

Niraj Kumar Jha