CREATING JOBS Vs CREATING SELF-EMPLOYED ?

Dear  Amitabh ,

Here is my latest blog

regards,

hemen  /  0 - 98,67,55,08,08

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CREATING  JOBS   Vs   CREATING  SELF-EMPLOYED  ?

Compare the following initiatives :

#  European Union

    Created " Jobs " for 4.24 lakh youth under Youth Employment Initiative

    Cost :   Rs 42,880 Crores  ( $ 6.4 Billion )

    Jobless rate among Youth = 20.4 % ( approx 4 million out of total of 20 million jobless )

#  India

    Created 32.9 lakh , new " Entrepreneurs " ( out of 66 lakh borrowers of MUDRA Yojana )

    Cost :   Rs 42,520 Crores ( loans which will be repaid )

    Jobless rate among Youth = 70 % ( out of 12 million joining the work-force each year )

It appears NDA government is on the right track to create " Self Employed " , since , neither the Government nor the Organized Private Sector nor the MSME sector , can find jobs for these 12 million

How can they can speed up the process  ?

By implementing ... " A New Economic Order : Start Up Act / 2015 "

(  read at............hemenparekh....in  >  Blogs  )

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hemen  parekh

11  Dec  2015

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