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India in Crisis: Unemployment and Hunger Persist After Waves of COVID

Governing 101: if the population is hungry, they will revolt.
 
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Governing 101: if the population is hungry, they will revolt.
Governing 102: If a starving population is revolting, butcher 2.5 million of them and rest will not dare protest
A Review of “Mao's Great Famine: The History of China's Most Devastating Catastrophe, 1958–1962”
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@Syama Ayas, You have extensive knowledge on chinese history and CCP politics. :tup:
This is just the tip of the iceberg

gets worse when you read what other thing these vermin did.

CCP had its govt sanctioned cannibal campaign against Chinese poor and unfortunate
A Tale of Red Guards and Cannibals
At some high schools, students killed their principals in the school courtyard and then cooked and ate the bodies to celebrate a triumph over "counterrevolutionaries," the documents report. Government-run cafeterias are said to have displayed bodies dangling on meat hooks and to have served human flesh to employees.

"There are many varieties of cannibalism," declares one report, "and among them are these: killing someone and making a late dinner of it, slicing off the meat and having a big party, dividing up the flesh so each person takes a large chunk home to boil, roasting the liver and eating it for its medicinal properties, and so on."

DEVOURING THEIR OWN
In Guangxi, this led to cannibalism, in which mobs -- egged on by local party officials -- went berserk and ate the flesh of hundreds of victims, most of them poor and defenseless. If one former official's estimate is correct, some 10,000 to 20,000 people from Wuxuan County alone must have engaged in cannibalism directed at "class enemies." The exact numbers remain unknown.

A Pakistani poster mentioned here once, compared what CCP has done Taliban and ISIS look like peaceniks
 
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Modi has kept his Hindutva base energized 24/7 by the mere presence of the BJP in the power. The rest doesn't matter at all.....
 
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#India #Jobs Crisis: At least 10 million applicants were hoping to get the roughly 40,000 jobs. Jobless mob set fire to #Indian #Railway trains. #RailwaysProtest #BJP #Modi #Bihar #UP #Hindutva #Islamophobia #unemployed #Unemployment



The protests over problems with recruitment for railway jobs in the states of Bihar and Uttar Pradesh, may well be India’s first large-scale unemployment riots. The protests have taken place across a large number of places in these two states. News reports suggest that at least 10 million applicants were hoping to get the roughly 40,000 jobs which were on offer. The politics on the protests notwithstanding – opposition parties have attacked the ruling Bharatiya Janata Party (BJP) over both the issue and police’s handling of it – they ought to be treated as a bellwether for the socio-economic unrest which India’s job markets can generate. Here are four charts which put this in perspective.

India has among the worst labour market outcomes for young people

An international comparison of some of India’s peers and neighbours using World Bank data shows that India has among the worst labour market outcomes for the young (the 15-24-year-old population). This can be seen in persistence of high youth unemployment rates despite a very low labour force participation rate (LPFR) among this cohort. LPFR is defined as the share of economically active population – either working or looking for a job – in the given age group. This number was just 27.1% for the 15-24-year-old population in India, which is significantly lower than other countries. Despite such a low LFPR, youth unemployment rate is among the highest in India. Unemployment rate is defined as the share of unemployed persons in the labour force. A time-series analysis shows that things have become worse on this front in India in the last 15 years.
What happened in India 15 years ago? What explains the downward trend in labor force participation? Was it an increase in the size of the labor force or is there another factor? I am genuinely curious, and also this may occur in Pakistan. Better to learn from other’s mistakes then to make them ourselves and try to get out of them.
 
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What happened in India 15 years ago? What explains the downward trend in labor force participation? Was it an increase in the size of the labor force or is there another factor? I am genuinely curious, and also this may occur in Pakistan. Better to learn from other’s mistakes then to make them ourselves and try to get out of them.

India has had jobless growth for a couple of decades. I suspect it has to do with the economic growth coming from less labor intensive sectors.

In 2000-2010, India's job growth was slower than Pakistan's, according to the World Bank.


South%2BAsia%2BEmployment.jpg
 
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India has had jobless growth for a couple of decades. I suspect it has to do with the economic growth coming from less labor intensive sectors.

In 2000-2010, India's job growth was slower than Pakistan's, according to the World Bank.


South%2BAsia%2BEmployment.jpg
So basically their demographics have already become a burden. Over the last 30 years, a lot of Chinese debt was taken to ensure maximum employment for the sake of political stability, Post-Tianamen. I guess, in India, we are seeing what a country becomes when this approach is not taken.

For Pakistan, I hope we modernize but where possible employ people over maximum automation, to keep a balance and keep money circulating within the country as much and as fast as possible (higher the velocity of money the higher the GDP per capita on a PPP basis if my limited understanding of it is correct)
 
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So basically their demographics have already become a burden. Over the last 30 years, a lot of Chinese debt was taken to ensure maximum employment for the sake of political stability, Post-Tianamen. I guess, in India, we are seeing what a country becomes when this approach is not taken.

For Pakistan, I hope we modernize but where possible employ people over maximum automation, to keep a balance and keep money circulating within the country as much and as fast as possible (higher the velocity of money the higher the GDP per capita on a PPP basis if my limited understanding of it is correct)

#Unemployment crisis in #India: #Indian #GDP growth has not been in labor-intensive #construction & #manufacturing . Growth has come from #financial & #IT services that do not employ a lot of people. Too many Indians gone back in #agriculture. #Modi #BJP

https://www.riazhaq.com/2021/12/india-in-crisis-unemployment-and-hunger.html

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I have stopped trusting any macro numbers from any country. They are the most manipulatable things in the world. Rating agencies, Sovereign ratings, are all a shell game.
 
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