Economic crisis and Unemployment

Each passing day it appears that our current government is neither focused nor willing to take any rational steps to bring back our sliding economy .

Our Finance Minister whose key responsibility is to work on our fiscal policy was busy addressing the media on CAA and NRC rather briefing the press about her plans to bring back our economy and control the inflation. It is ironical that our government is unconcerned with the financial issues when international organizations like - World Bank, Moody, IMF are all issuing alarming reports regarding India's financial health and have also removed us from the category of developing countries.

 

Additionally, our exports have going down heavily as well. Instead of coming out with some rational policy to boost up exports our leaders are suggesting to bring down the number of purchases from duty free shops while returning to India from Overseas. This would significantly impact the total turnover / profits of these shops and subsequently effect the reduction in man power leading to more unemployment

Jai hind