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Second highest unemployment rate
4/17/2022 11:13:21 PM

The unemployment rate in Jammu and Kashmir touching 25% has put a question mark on the tall claims of the government that a lot is being done to create the employment avenues for the youth.
The Centre for Monitoring Indian Economy (CMIE) figures have revealed that the unemployment rate in the Union Territory has touched 25 percent for the month of March, despite the national unemployment rate witnessing a decline.
The unemployment rate in J&K, according to the CMIE, is higher than the national level unemployment rate of 7.6 percent recorded across the country.
These figures reveal that nothing much has been done to address the issue of unemployment even after the abrogation of Article 370. When J&K’s special status was revoked the then J&K Governor Satya Pal Malik had announced that 50,000 jobs will be provided to the unemployed youth within a few months. But his promise proved to be nothing more than a statement which was never meant to be implemented.
Present dispensation in Jammu and Kashmir has been claiming that many new projects are coming up and new government jobs are being announced. If these assertions are true then how come the unemployment rate has increased? The creation of new avenues should have brought down the unemployment graph but it has not happened. The claims are confined to papers only and on ground nothing has changed.
Unemployed educated youth keep on hitting the streets every now and then to seek employment and against the failure of the government to fulfill the promises it had made to them. But it hardly makes a difference as helmsmen don’t pay any attention towards them.
According to CMIE among all states, and Union Territories, UT of J&K has the second-highest unemployment rate, Haryana with a 26.7 percent unemployment rate is ahead of J&K. The J&K having second highest unemployment rate in the country is an ample proof of the fact that nothing much has been done to address the issue, and nothing much can be done to bring these figures down as one cannot expect the government to provide jobs to everyone. The only way to generate employment is to allow the private sector to grow. It can be done by encouraging young entrepreneurs to set up their own business units, but the present dispensation in J&K has made the rules so stringent that even the established businessmen are finding it hard to survive. So creating employment for youth looks like a difficult task.
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