02-08-2017, 07:36 AM
Job market seems flashy with the government sector specially after demonetisation in India. People in this sector are happy, secured and convinced of a stable life as compared to small time entrepreneurs because they are getting handsome renumeration after the seventh pay commission recommendations. Since demonetisation, the anamoly of money market and its changing mood quite often creating panic in business community so much so that they are living in distress and uncertain of the future. People are keeping track on necessary buyings alone and hence money not exchanging hands as frequently, raising uncertainty in the business. Small savings ordained to secure future over a period by this segment is getting consumed gradually and with no regular source of income in sight, this segment is heading irresolute. Silence is evident in cautious traders with additional burden of raids by income tax and other enforcement departments abetting further unease.
Private sector jobs though seemingly provide employment with high packages caters to a very small segment. With turbulent state of business, they too might get influenced soon and total chaos and disorder could tumble the very fabric of symbiosis. There is dependence of one segment over other and as a resultant entire populace is under duress created of situation.
Government will have to take immediate remedial measures for the entire economy with provision of tax relief sops, keeping vigil on inflation, decrease the bank interest rate etc to boost the industry, business and economy. Government must facilitate jobs for the youth of the country. Agricultural sector needs impetus and all possible help must be accorded to farmers who are backbone of the nation. Government will have to create confidence in public that imminent time is good for general mass. Poor and downtrodden should be accorded financial assistance for immediate survival because daily wages labour is not getting jobs in the uncertain market. Daily wage labour with many mouths to fend everyday finding it hard to find work these days. Government run schemes must be introduced to create more job opportunities to daily wage labourers. Overall scenario is of panic though a temporary setback was expected of sudden demonetisation. In order to put country in order, premier of the country has to take tough decisions which may suit some while detract others. You can't please everyone. If you do so, you are sure to fail. A Time bound and transparent decision may hit people and governance simultaneously but in a longer run, it may prove conducive and wholesome.
People need to understand what is good for them and what is bad. Afterall we have to grow high with other economies of the world and that can happen with every effort of each and every citizen of the country.
Private sector jobs though seemingly provide employment with high packages caters to a very small segment. With turbulent state of business, they too might get influenced soon and total chaos and disorder could tumble the very fabric of symbiosis. There is dependence of one segment over other and as a resultant entire populace is under duress created of situation.
Government will have to take immediate remedial measures for the entire economy with provision of tax relief sops, keeping vigil on inflation, decrease the bank interest rate etc to boost the industry, business and economy. Government must facilitate jobs for the youth of the country. Agricultural sector needs impetus and all possible help must be accorded to farmers who are backbone of the nation. Government will have to create confidence in public that imminent time is good for general mass. Poor and downtrodden should be accorded financial assistance for immediate survival because daily wages labour is not getting jobs in the uncertain market. Daily wage labour with many mouths to fend everyday finding it hard to find work these days. Government run schemes must be introduced to create more job opportunities to daily wage labourers. Overall scenario is of panic though a temporary setback was expected of sudden demonetisation. In order to put country in order, premier of the country has to take tough decisions which may suit some while detract others. You can't please everyone. If you do so, you are sure to fail. A Time bound and transparent decision may hit people and governance simultaneously but in a longer run, it may prove conducive and wholesome.
People need to understand what is good for them and what is bad. Afterall we have to grow high with other economies of the world and that can happen with every effort of each and every citizen of the country.