Home Latest Rahul warns of impending jobs crisis, emphasises critical need to strike balance between organised and unorganised sectors | India News – Times of India

Rahul warns of impending jobs crisis, emphasises critical need to strike balance between organised and unorganised sectors | India News – Times of India

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Rahul warns of impending jobs crisis, emphasises critical need to strike balance between organised and unorganised sectors | India News – Times of India

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NEW DELHI: Congress leader Rahul Gandhi on Thursday accused the Narendra Modi government of decimating the unorganised economy, comprising farmers, labourers and small businesses, in the last six years of its rule, and said that the country will not be able to generate jobs in the coming period as a result of that.
Addressing via video conferencing the foundation stone-laying ceremony of the party’s offices to be built in 22 districts headquarters of Chhattisgarh, he said that although the unorganised economy generates 90% of the country’s employment, the Modi government destroyed it through various moves like demonetisation and implementation of “wrong GST”.
Gandhi warned the country of an impending jobs crisis in the country. “This country will not be able to provide employment to youth in the coming days. It will be for the first time in Indian history that our country won’t be able to give jobs to its youth because the small and medium business sector will be destroyed,” he said, emphasising the need to restore the balance between organised and unorganised economies, which had been “distorted” by the Modi government.
The event was organised on the occasion of the birth anniversary of former prime minister Rajiv Gandhi, in which CM Bhupesh Baghel released the second installment of the Rs 1500 crore Rajiv Gandhi Kisan NYAY Yojana as well as Rs 1737 crore for payouts to farmers, and tendu patta and cow dung collectors.
Gandhi also said India’s unorganised economy, comprising farmers, labourers, small shop owners and millions of poor people was under systematic “attack” by the government led by PM Modi. “He did this because this sector has money and Modi ji wanted to transfer it to big businessmen…Wherever there is a Congress government (in the states), we work to balance the unorganised and organised economies. The unorganised economy acts as a shock absorber in adverse situations,” Rahul said.
“If the country’s unorganised economy is secured and strong, it can absorb any kind of shock and cope with difficult situations. Our mother and sister keep money at their home, because it works as a shock absorber,” he added.

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