InvestorQ : What are the job challenges before NDA 2.0 government?
Mitali Bhutta made post

What are the job challenges before NDA 2.0 government?

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Niharika Kamble answered.
1 year ago


In a historic win with majority mark, NDA government will continue its second term at the centre. According to me, this win is a result of the effort taken by the NDA government with plans like Jan-Dhan Yojna, Bima Yojna, Ujjwala yojna. These schemes were meant to uplift the life of farmers, unorganised sector and Below-poverty-line section. This worked as a base to strengthened loyalty among the people for the government.

In its second term, the Government should focus on job-creation as democratic ideals aligned with massive talent pool is a perfect recipe for sustainable development. To create jobs, it is not necessary that the government should have more job in government companies but also by easing laws and regulations for a private corporation as this gives much helps on job-creation. Job-creation is also possible with decentralizing governance so that chief ministers can work more impactful. This will touch the lives of common people and thus have a greater impact on job creation.


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K V RAO answered.
1 year ago


Job creation by expanding government should be avoided. Modi 2.0 should persue minimum government maximum governance. If private sector expands and a supportive business environment is created, there would be business expansion. This would automatically lead to job additions. Youth segment of the electorate would be viewing job challenges and it is a top priority. IT sector would be witnessing automation in a big way. That would take away job opportunities in the lower and middle tier. Upscaling skills is a new challenge faced by job seekers. The government should enable them to achieve this gap. Any private sector initiative in this regard should be incenticised. The government may consider offering tax sops for such initiatives.