Creating more government jobs :- According to various reports over 20 lakh central and state government posts are lying vacant. Government should address the huge unemployment by filling those vacancies, as having a stable job truly empowers a person. But government jobs should be created as per the requirements and not just for the sake of employment and empowering youth because then it will have to pay more and more salaries which will be a burden on Consolidated fund of India.
Start-ups :- Presently Indian market is best suited for start-ups and as of now government has nothing more to do in this field apart from ensuring easier credit availability and avoiding red tapism. After introducing ‘Insolvency &Bankruptcy Code’, simpler ways for creditors to initiate bankruptcy proceedings have come up which promotes risk taking and start-up culture. Start-ups are already a trend amongst the Indian youth and they are already motivated. Once the skill development part is taken care of start-ups are naturally going to increase
Skill development :- According to NASSCOM, 80% of India’s graduates are unemployable. This issue must be taken seriously as we have the highest youth population and if it is not competent enough it will become a burden on us rather than resource. All the other factors are external but once some skill is acquired it will be handy throughout our lives. With the possessed skill if one is creative, curious and inspired enough apart from being a private employee he can do freelancing, secure a government job, become an entrepreneur etc. As of now India needs employment generators rather than employees. Skill India initiative by the government failed and needs to be back on track as soon as possible.
Without wasting anytime government should focus on skill development to make the optimum use of our biggest asset i.e. human resource else it may soon turn into a fatal liability.
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