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4) India does not have a jobs crisis but a wages crisis. Do you agree? Present your argument with suitable justification. (250 words)

Topic : Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources.

4) India does not have a jobs crisis but a wages crisis. Do you agree? Present your argument with suitable justification. (250 words)

The hindu

Why this question:

The article covers the theme of Job crisis facing India, it elaborates on how India’s jobs crisis is an economic issue, not a political one. It paints a clear picture of demand and supply with respect to Jobs available for youth in India.

Key demand of the question:

The answer must discuss first the Indian scenario of Job crisis, why is it not merely job crisis but more of a wage crisis .One must first acknowledge the statement in the question and justify it with relevant facts and support the argument thereafter.

Keywords:

economic parlance, wage, the price of labour, formalizing the economy  etc.

Structure of the answer

Introduction:

Briefly bring out the current status of job scenario in India .

Body:

  • First discuss the what is the Job crisis in India about.
  • Then discuss how and why the Job crisis is more of a wage crisis.
  • What should the govt. do to create jobs that best fit as a solution to the crisis?
  • Quote policies that are in place to address these issues and what needs to be done in future.

Conclusion –

Conclude with significance of Job creation for driving the economy in the right direction.