Jobless youth march to protest Indian 'unemployment crisis'

A young boy sells pens at a protest rally by Indian students in New Delhi, India, Thursday, Feb. 7, 2019. The march called the "Young India Adhikaar March," or Young India Rights March, was held to demand the government address the problem of unemployment. (AP Photo/Altaf Qadri)

Hundreds of jobless young people have marched through the streets of the Indian capital demanding Prime Minister Narendra Modi's government tackle what they called a rising unemployment crisis

NEW DELHI — Hundreds of jobless young people marched Thursday through the streets of the Indian capital demanding Prime Minister Narendra Modi's government tackle what they called a rising unemployment crisis.

The protesters disputed the government's claim that it has created millions of jobs since it came to power in 2014 with the economy growing around 7 percent annually. They marched from the 17th century Red Fort to a park near India's Parliament building.

Dismissing the economic expansion as a jobless growth, the protesters said authorities should immediately fill 2.4 million vacancies in government jobs to reduce unemployment.

Media reports say the government is suppressing data showing the country's unemployment rate has hit a 45-year high of 6.1 percent. The government says the figures are premature and official numbers will be announced in March.

"We are frustrated. I think this government has to give lot of answers to a lot of us today," said Ngurang Reena, a 27-year-old university student.

Amlokant Mako, another marcher, noted that Modi had promised to create 20 million new jobs a year. "He has not kept his promises," he said.

In a sudden move in 2017, Modi's government demonetized high currency notes of 500 rupees and 1,000 rupees to try to reduce black-market dealings and encourage digital transfers. But that hit India's informal economy badly, with tens of thousands of jobs lost and businesses in several cash-intensive industries taking a beating.

You may also like these

US tycoon's China scholarship project opens doors...

Sep 10, 2016

A new scholarship program intended to rival the prestigious Rhodes Scholarships and build...

China says some factories have violated anti-smog...

Jan 3, 2017

China's environmental ministry says an unspecified number of companies have violated measures meant...

Asia shares falter as investors watch dollar,...

Jan 6, 2017

Asian shares are wavering as a weaker dollar discourages investors who are shying away from risky...

China auto market has bumper year but 2017...

Jan 12, 2017

Industry figures show China's auto market had a bumper year in 2016 as sales grew by 15 percent,...

A look at how Trump might shake things up in Asia

Jan 16, 2017

Donald Trump has offered views on U.S. relations with Asia that could indicate radical shifts in...

Sign up now!

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.

Contact us: sales[at]thefinancialcapital.com