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Letters

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Budget full of promises of the monsoon and low farm
Budget 2019 Wooing middle class With tax breaks, farmers & Workers With sops 10 with eyes set on polls prices of produce as a result of

issue
3 With reference to the report “Budget 2019: middlemen and government
Volume 16 Wooing middle class with tax breaks, farmers policies have made farming less
15 feb 2019
New Delhi and workers with sops” by Dr Anil Singh
It is very clear that there has attractive for rural youth.
been a yawning gap between There need to be aggressive
what was promised by Prime transformational structural
Minister Narendra Modi and reforms to attract huge private
what the common man got on investment which in turn facili-
his plate. tates massive job creation.
Demonetisation is sure to N sadhasiva reddy
have had an impact on employ-
SISTERly ment, with the informal sector The all-time high unemploy-
ment rate can be safely cited as a
CONCERN badly hit. It was a move that did manifest failure of the govern-
not help root out black money
With barely 100 days left for the final battle either, as trumpeted. ment. It is no wonder that jibes
of the ballot, will Priyanka Gandhi be able
to do any magic? Is it a masterstroke or such as ‘Pakodanomics’ and
‘Much Ado about Nothing’? 12 With the general election
round the corner, the BJP-led ‘Nomo jobs’ stick and gain cur-
National Democratic Alliance
www.tehelka.com www.facebook.com/tehelka www.twitter.com/tehelka rency. Modi-nomics has come to
government has little time to be equated with ‘jobless growth’.
The hope and expectation that
POWER MISUSE resort to any course correction the Prime Minister would tackle
in an issue which is critical to
the obstinate problem of unem-
NEEDS TO STOP nation development. It is unfor- ployment has come to nought.
tunate that industrial bodies too
have not made an effort to make The ranks of the unemployed
their own evaluation of the job are swelling by the day.
With reference to the report “Adventurism and megalomania
haze CBI probe in ICICI Bank case” by Bharat Hiteshi (February 15) market or even cautioned the G david miltoN
First, CBI Director Alok Verma government about its fallout on From the data, it is clear that
was removed in view of an the economy. the our youth face a crisis. In
There would not have been
adverse report by the Central any need for 10 per cent res- the 2014 Lok Sabha election, the
vote share of job-seeking youth
Vigilance Commission against ervation for the economically was high as they trusted the BJP
backward had the government,
him and now Chanda Kochhar soon after assuming power, on the basis of its assurances.
But they appear to have been let
has been sacked. tackled in right earnest the issue down. The impact of demoneti-
Whether in the public or of employment generation. sation and the GST have ruined
v subramaNiaN
private sector, it seems common the bread and butter options
for many. The government has
for people to abuse their power It is unfortunate that the issue of to answer a myriad questions
unemployment is being raked
for personal gains. However, in up by the Opposition only at pertaining to the handling of the
economy.
Kochhar’s case, it is curious why election time even as millions vimal vasudevaN
of unemployed youth are still
she has been singled out and struggling to make a decent
punished when the Board failed living. The Budget is to be seen more
as an election manifesto than
Whatever may be the facts in
to act initially and even jumped the NSSO report, on unemploy- what it is — an interim budget.
to her defence. ment data, the ground reality is The government has chosen
to kick the can down the road.
And what about responsibility that the rate of unemployment How resources will be found
is growing by leaps and bounds
on the part of the bank’s every successive year. and whether the schemes
loan-sanctioning and credit Job creation is grossly dispro- announced will be realised is
anybody’s guess. About the pen-
committees? portional to the exponentially sion scheme? How much fund-
growing numbers of employable
N VISVESWaRaN youths in the country. Agrarian ing will be needed to ensure an
distress caused by vicissitudes assured pension? The inability to
Tehelka / 28 february 2019 6 www.Tehelka.com