'No proposal to create more jobs'
1 Feb 2018 6:16 PM GMT
NEW DELHI: The students and the youth of the Capital could not see any structured plan which will generate more employment and also there has not been any change in the tax slab. However, Finance Minister Arun Jaitley said that creating job opportunities and facilitating generation of employment has been at the core of our policy-making.
"There is no proper path defined in the budget based on which we can expect more job creations. There is a focus on the education sector but not in jobs. I think without any assurance of job there is no point in focusing in the education sector," said Arpit Srivastava of Delhi University.
While announcing budget, Jaitley announced various benefits for students and education sector in India. The finance minister proposed to launch ''Revitalising Infrastructure and Systems in Education (RISE) by 2022'' with a total investment of Rs 1,00,000 crore in next four years. This will aim at step up investments in research and related infrastructure in premier educational institutions.
10 million: That's the number of jobs that Modi had promised in his election campaign four years ago. Given that India is home to over 18 million unemployed people, this electoral promise played a big role in getting him into the Prime Minister's Office in May 2014. But only about 8,23,000 jobs had been created in the country till October last year and, according to the International Labour Organization, most of it classified as vulnerable employment.
"We were expecting that there would be some scheme which would clearly increase job prospects of the students. But, such is not there and at the same time for the employees, there has been no relaxation in the tax slabs. This was also unexpected," said Sourav Mitra an IAS aspirant form Delhi.
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