Mihir S. Sharma Quotes
13 Million Indians Will Join The Workforce Every Year From Now Till 2030. They Know Their Prospects Aren't Good. Here's Why: In The Years From 1972 To 1983 - Not Celebrated As A Time Of Overwhelming Prosperity - The Total Number Of Jobs In The Economy Nevertheless Grew 2.3 Per Cent A Year. In The Years Between Liberalization In 1991 And Today, Jobs Have Grown At An Average Of Only 1.6 Per Cent A Year. But, If These Young People Have To Be Absorbed, Then Jobs Must Grow At Least 3 Per Cent A Year - Almost Twice The Rate At Which They Have Since Liberalization. This Is Simply Not Happening. In Other Words, One Out Of Every Two Youngsters Who Starts Looking For A Job Next Year Won't Find One.
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