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TO FIX UNEMPLOYMENT, FIX THE ECONOMY FIRST Syllabus: GS 3: Inclusive Growth Economic and Social Reforms Why in the News? India continues to face the challenge of high youth unemployment, jobless growth, and the emerging impact of Artificial Intelligence (AI) on employment. The debate has shifted beyond education and skill development to the need for …
Read MoreTaiwanese Firm to Invest ₹1,000 Crore in Karnataka’s Industrial Park In a significant move aimed at strengthening India’s position in the global electronics and semiconductor value chain, the Allegiance Group, a Taiwanese firm, has signed an agreement with the Karnataka government to invest ₹1,000 crore in the development of an India-Taiwan Industrial Park (ITIP). This …
Read MoreCabinet Approves Scheme to Boost Critical Mineral Recycling Why in the News ? The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a ₹1,500 crore incentive scheme to promote critical mineral recycling under the National Critical Mineral Mission (NCMM). This legislation, part of broader policy reforms, aims to strengthen domestic supply chains and …
Read MoreDebunking the Myth of Job Creation Syllabus: GS 3 Employment generation Economic development Why in the News? On July 1, 2025, the government approved the Employment Linked Incentive (ELI) Scheme to support employment generation, with an outlay of ₹99,446 crore. However, this raises serious concerns about the target population in a labour market where capital–labour …
Read MoreWhy in the news? Government cites RBI and PLFS data, claiming over 8 crore jobs created between 2017-18 and 2021-22. Contradicts Citigroup India’s report, highlighting a decline in unemployment rate and effectiveness of government policies. About Periodic Labour Force Survey (PLFS): Conducted by: National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation …
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