Question

what will be the scenario of employment in india after 15 years

Answer 1

The Economy of India is growing at 7.4% last year. It may grow with same pace even this year and continue up to 2019. The Economy may become the fifth large economy in the world after USA, China, Japan and Germany by the end of 2019. The IMF report stated that the economy is growing due to expansion in infrastructure and industrial development. The IMF report further said that the consumption level is also growing. There will be jobs in construction, highway, railway, ports, oil and gas sector, steel, metals and engineering goods. The IT sector and Banking sector may also recruit more employees for meeting the demands of the growing economy. The telecom sector may see revival with growth in other sectors. Textile, garments, food products, consumer goods and automobile sector also see some boom by 2019. So all these sector may be able to generate sufficient employment in future. But after 2019 Loksabha election if the present Government led by Narendra Modi remains, then the growth may be faster. But if there is change of Government at center, then there may be some populist schemes and the economy may suffer for another five years. So growth and development is now depend upon the wise voters of India. If they reelect BJP , then the process of growth may continue for another five year. But otherwise the new dream may remain in dream. India may not cross the fifth way mark even by 2024. So all depends upon the wise voters of India. Accordingly jobs may be created for the youths in India. let us hope for the best for India.