Sunday, April 1, 2007

Good one from Outlook India...

Nothing Works

By 2020, India may face the problem of high growth, higher unemployment

Manufacturing has lost over 3% jobs in the past decade; the overall decline is 0.6%

Formal employment in services comprises less than 0.5% of total labour force

Unviable remuneration and inconsistent growth has pushed people from farming

NREGA is riddled with bureaucratic problems and lack of resources

NREGA can only be a short-term solution to a long-term issue, experts feel

Read on at http://www.outlookindia.com/full.asp?fodname=20070409&fname=KJobless&sid=1

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