Unemployment has Increased Youth Suicide Rate by 33% in Last 6 Years
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- Опубликовано: 4 июл 2024
- Unemployment has increased youth suicide rate by 33% in last 6 years: Prof. Santosh Mehrotra to Karan Thapar for The Wire.
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In an interview to discuss the situation in the unorganized sector of the economy and the consequent impact on jobs and employment, one of our most highly regarded labour economists points out, relying on NCRB data, that the suicide rate for unemployed youth has increased by 33% between 2018 and 2024. Prof. Santosh Mehrotra says that NCRB data shows the suicide rate was 3 every 2 hours in 2018 but today it has increased to 2 every hour. He says this means that not only are the young failing to find jobs but are opting out of the labour market and their frustration and unhappiness is pushing them to suicide.
In a 34-minute interview to Karan Thapar for The Wire, Prof. Mehrotra, who is a Professor at the Centre for Development Studies at the University of Bath in the United Kingdom, said that between 2015-16 and 2022-23 we experienced jobless growth in the unorganized sector. During that period the number of establishments increased by 2 million but the number of people employed decreased by 1.7 million.
Relying on calculations he has done, Prof. Mehrotra says that if the rate of growth in the unorganized sector had continued as it was between 2010-2011 and 2015-2016 right up till 2022-2023, we should have seen 7.98 million new establishments (as opposed to just 2 million) with 6.3 million more jobs (as opposed to a decrease of 1.7 million).
Prof. Mehrotra says the reason why the number of establishments increased by 2022-2023 but the number of workers diminished is because a very large number of these new establishments were Own Account Enterprises i.e. one man operations which are probably like roadside vendors. In other words, pakodawallas. Prof. Mehrotra says: : “This predominance of OAEs is the underlying symptom of, and a reason for, widespread poverty and a distressed job market condition.”
Within the unorganized sector the segment worst hit between 2011-2016 and 2022-2023 is manufacturing. Here the number of establishments shrank by 9.33% whilst the number of workers shrank by 15.03%.
Prof. Mehrotra said there are three explanations for what has happened to the unorganized sector. They are demonetization, a poorly thought-out GST and Covid.
Given that the unorganized sector is said to be effectively 45% of the economy and 80-85% of jobs this is clearly not good news for the Indian economy.
In the interview, Prof. Mehrotra also discusses what steps are necessary to create jobs and boost the economy. He explains how efforts to create jobs will boost consumption, create demand and thus provide the incentive for private sector investment to grow. He then identifies three areas where the Finance Minister should take steps to boost jobs. I will leave you to see the interview to find out more about this.
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I personally know people who have committed suicide in last one year. Thank you Karan for discussing this. 🙏
Its unfortunate how Modi & his bjp men have washed their hands off all responsibility of any sorts ,zero governance Is what people are getting specially youngsters - exam paper leak& cancellation & NO JOB CREATION.
"Youth suicide in India is when young Indian people deliberately end their own life. People aged 15 to 24 years have the highest suicide rate in India, which is consistent with international trends in youth suicide."
There are no jobs, I've done BTech from a good college still all I get is customer support jobs paying 10-20k per month.
@@paulzavier6420 and still India's GDP keeps on growing strongly. I have a theory this GDP growth is due to black money being spent by corrupt govt employees. For example the real estate prices have grown astronomically due to black money being used to buy properties.
Degree won't help. I understood this in 2005-2006. You cannot understand this today ???
@@ageless1003 even if everyone understands this , will there be enough job ?
@@varunms850 when we keep reproducing like termites, even Earth would give up.
"The duty of the youth is to challenge corruption" !
So sorry for the families that have lost a loved one ! 🙏
Sadly your sentiments to the families is misplaced. It is the parents relatives friends neighbours communities are the culprits for youth suicide. Parents have children for their own ends to lift them out of poverty and provide a better life. Incessant pressure to achieve by mothers have fuelled suicides.
We are always with neutral and intellectual media and Karan Thapar.❤😂🎉.
Unorganised and MSME sector is the backbone for employment generation. It is estimated that 85% people are employed in these sectors. The shrinking of these important sectors is a matter of great concern.
This should be the no. 1 cause of worry for our nation and the Govt.
Although unemployment is a key measurable factor, Indian citizens need to understand that the youth commit suicide not just because of unemployment, but also because of intangible metrics : namely, the enormous constraints that society puts on them in aspects of what to study, where to work, who to love, who to marry, what to eat, what to wear, who to pray.
Am an Indian migrant in the UK. Your excellent comment is my constant mantra on all comments as far as Indian society is concerned. Left India in the late seventies for all the reasons u mentioned. Parental control when challenged children are ostracised. Do not mix with Indians but have to explain to my white friends this Indian mindset which they are unable to comprehend.
Totally agree! Societal norms and parental control are some of the major factors especially in the case of females. Marriage, ideally a partnership between two people, is often unnecessarily influenced by parents, religion, and patriarchy. Employment also plays a crucial role in these dynamics.
@agnescraig2912 UK is not far behind. As this report shows:
Suicide is a significant national social issue in the United Kingdom. In 2022 there were 5,642 registered deaths by suicide in England and Wales, equating to an average of 15 suicides per day.
74.1% of suicides in England and Wales in 2022 were males.
The study suggests that recession and relaationships, with female partners in particular.
One dies either way.
But yes the west being a liberal society it has, what i prefer to call as motel-relationships. And has the convenience of picking one on the way at a motel to drop her at the next. And pick one afresh.
@@agnescraig2912I am in a same boat, left India 20 years ago
Sanatani Hindu politicians developing the cronies 😂😂😂😂😂
Don't laugh about it bro. Someday your friends will need jobs
Jobless economy is dangerous for a common man
What is TN , KARNATAKA, KERALA, DELHI, WEST BENGAL GOVERNMENT DOING ABOUT IT???
Chai walas growing in India. Roaming in rolsroyces.
😂
Sensitive and hardworking students are doing suicide on the other hand over pampered and lazy students are killing their parents for money because these kids wants to earn money in short term by doing trading on cricket and other apps with no knowledge.
Thank You Sir for bringing this issue.
Our National Bird should be Pigeon,
the way we close our eyes Infront of stark facts ! 🙄
सही कहा भाई, पहले अपने होने की चिंता करो।
Excellent
"Why are people unemployed? Because there's no work. Why's there no work? Because people aren't buying products and services. Why aren't people buying products and services? Because they've no money. Why don't people have money? Because they're unemployed.
Craig Bruce
This grim statement reminds me of the story my Mom used tell me to sleep: The seven princess drying their seven fish by the sun and the explanation of the fish to the princess for not getting dried.
It's high time for governments to reschedule their priorities
Salute to both for this discussion,but ruler here is busy in spreading only religion,hate 🎉
What is TN , KARNATAKA, KERALA, DELHI, WEST BENGAL GOVERNMENT DOING ABOUT IT???
That's harsh, our government fail to in the process of sustainability.
As a psychiatrist am coming across this more in past one yr ,really pathetic, and worrying fact in our society, youngsters r really deprived and frustrated, either committing suicide or developing behavioral changes ,...really paining
Excellent analysis. I know he is spot on as he says Reg the economy
If i were a PM, i would do 2 things immediately.
1) reduce price of petrol & diesel to Rs 75/litre (this would reduce inflation)
2) fill the vacancies within central government. (Increase jobs, thus consumption)
Thank you Karan Sir 🤗
Love you ❤.
Everyone seems to have forgotten inflation and Economy.
मंहगाई की बात करने से पहले अखबार ठीक से पढ़ो
What is TN , KARNATAKA, KERALA, DELHI, WEST BENGAL GOVERNMENT DOING ABOUT IT???
Karan.sar.Thanks.sar❤❤❤❤❤
Instead of showring abundant money on cricketers and film stars who are already very rich, government and industrial houses should generate employment for unemployed youth with this money.
exactly 💯
Meanwhile, India is Vishwa Guru...
What is TN , KARNATAKA, KERALA, DELHI, WEST BENGAL GOVERNMENT DOING ABOUT IT???
@@Vdbail You seem to be a great supporter of Bogus Jumla Party...😄
@@johnnavin4665 : You seem to the supporter of Rahul Ganndhi fellow...ROFL
@@johnnavin4665 : Rahul Gaandhi pet spotted...hahahhahhaha
Now with these facts in the background,
compare the amount of money buffoonery industry made
(Astrology/Numerology/Ritualists) 😠
What is TN , KARNATAKA, KERALA, DELHI, WEST BENGAL GOVERNMENT DOING ABOUT IT???
Don't worry modi is playing cricket for india
कांग्रेस ने दशकों तक खेला वो क्या था।
The government keeps reporting higher levels of revenue collected after implementing GST. This makes no sense if the government doesn't increase spending on public investment (to make up for the impact of higher taxes on private investment). We need higher expenditures on education, agriculture and infrastructure. Both demonetization and GST were policy induced shocks which should have been followed by increase in public investment to counter their impact on growth.
I am victim of unemployment.... Last month i applied for a job for rupees 3000 yes just 3 thousand for a month but still didn't get it..... It was a work from home job of telemarketer but they told me they can not hire me because they have a English major for the job against me. Being a single mom with ongoing education this economy is cruel for me and my family but i hope future is better for us
Seriously this is sad.. they have high standards and requirements for job...if u dont fulfill a certain reuqirement they don't select you.
@@Recoverycounselling_1 thats not my point! What i am trying to say is a person who is well educated is applying for a job which gives three thousand rupees for a month and it is a 7 hour job. I applied because i was not a degree holder so i didn't mind the pay but for a person who spends so many rupees on a degree and earn that little is concerning
They dialogue to each other like buddies 😅 that's conservation informative!
Modi has made India into a nation of Traders and not Manufacturing. Today, Bajaj buys electric presses from China and sells them in India. They have virtually closed their factories in India. We had a booming Clothes stitching and exporting industry a decade ago. Today, they have closed their factories and are now buying from Bangladesh and exporting to America. We had 17% of our GDP contributed by Manufacturing. Modi's policies have brought it down to 14 %. The make-in-India LOIN is now seen eating grass in Lodhi Gardens in New Delhi
Big foreign firm with black india owns the country
Nice information sir
In these kind of discussions, please bring in contrary opinionists like Panagriya, Sanjeev Sanyal, Krishnamurthy subramaniam etc to get a debate, other wise it may all be a bit one-sided..or interview them separately
Seems dark future ahead for our youth, sir.
What is TN , KARNATAKA, KERALA, DELHI, WEST BENGAL GOVERNMENT DOING ABOUT IT???
Unemployment is not a last 10 year product and it is not a simple crisis that it could be solved in short 10year period.
So a good govt need at least 35 year to tackle any such problems including poverty.
Reservation has failed to give any result contrary it has harmed quality of services.
When there are 3 million vacancies in central government. Why cant Modi government fill it ??...why he always have to be told what to do every time. Just being an underperformer everytime.
Govt should make govt jobs less attractive compared to other professions .
Hindu kathre me hei
Things will only get worse in coming days, months, and years ahead. There is simply no solutions for the unemployment.
Yes, when annual production is 15 million. No country Has solution. India should target 1.2 billion in 2050, 1 billion in 2075 and 0.8 million in 2100. This is the solution
@@anjanadas2105 what you say no country says as solutions for unemployment. Rather, countries find it hard to find people to work jobs. Getting rid of unemployed is no solution, it's advocating for genocide.
No solutions ? Making pakoras? Working at construction of Mandirs ?
There are solutions all over. If one could only open ones eyes.
[ I hope you can see my sarcastic]
I agree that the future of my country is bleak
Change the government. When their are so many vacancies in government. Still Modi chooses to ignore.
Job creation overhauling infrastructure capital investment are some of the probable things which can be done to ease the problem
Why not introduce a Civilian Construction Corps and a Civilian Conservation Corp for building and maintaining infrastructure, which should include our the regeneration and maintenance of NATURAL infrastructure . We badly need to regenerate and preserve the quality of our soil, or sources of water, and the air we breath. These two, together with similar organizations for PUBLIC health and PUBLIC education, can provide GUARANTEED jobs to all those who may be looking for work, within easy distance of their homes. See the work of Jean Dreze (a French born Indian citizen who was among those who designed National Rural Employment Guarantee) and Pavlina Tcherneva in the US.
Minimum wage semi/unskilled work available for max. 100 days with delayed wages and skimming from officials is not what people want.
There are so many jobs out there in Urban India. India Inc is actually grappling with a skill shortage. Its a skill issue.
Ya sure…I have Masters in architecture with 6 years of experience…I.I am jobless….
Your name suggests your mental state and level of it's development (Buddhi ka ghotala ) 😅
@@KumarPallav01 wise guy?
Modi is Vinaash for India, the more you vote him to power the more destruction of India and Indian youth will happen, the problem is that Media , social Media and even movies are not allowed to show the dark and negative side of india, in pervious old Hindi movies there were many show cause of social issues inflicting Indian society were shown like poverty, unemployment, untouchability so people used to get awareness and socialism was also a part of society, but now if you see everywhere there is only show cause of rich and famous people like Ambanis, Adanis, Cricketers, Filmstars and so on , people are not knowing that are there crores of people who are suffering in india, that is totally hidden now from general public
Pressure
Very sad the Country is reduced to this ,while huge monuments are built to foster EGOS
Why no Temple is giving Jobs? Youth should ask such Questions to those Brahmins and Temple Trusts!
This is how you confuse people.
"Youth suicide in India is when young Indian people deliberately end their own life. People aged 15 to 24 years have the highest suicide rate in India, which is consistent with international trends in youth suicide."
🎯🎯🎯
I am also suffering becoz of unemployment
Amrit kaal has begun for all educated youth under His Highness mr. Non-biologicals leadership
What is TN , KARNATAKA, KERALA, DELHI, WEST BENGAL GOVERNMENT DOING ABOUT IT???
@@Vdbail they are feeding amrit kaal laboureres exported from UP/MP/Bihar/Jharkhand etc
@@counterpoint9260 : WB feeding whom?
HAHHAHAHHAHA
KERALA FELLOWS ARE BUSY RUNNING SWAY TO GULF..LOL
How come the main stream media doesnt cover this
I could see more importance given to pre wedding clips of the ambanis
You can not expect fruits from old-age tree so nothing will be happened for nation unemployment
Searching for comments with keywords 'high gdp', 'leftist agenda', 'propagandist anti indian', 'we believe in J sai deepak'.
6 pc 7 pc lakh lakh pm salary to GOV officers must stop
Its not SABKA SAATH SABKA VIKAS
All GOV pay must be 5 PC CTC
GOV will save 2 L CR per month by shifting pay from 7 pc to 5 PC CTC
Use that money to create GOV multispeciality HOSPITAL in every police station area of country
Diabetes cancer hypertension heart attack killing 143 CR public
Do not say suicide, it is salvation.....🤣🤣🤣🤣🤣
What is TN , KARNATAKA, KERALA, DELHI, WEST BENGAL GOVERNMENT DOING ABOUT IT???
Muslims are more than 20℅ of Indias population, Hindus are around 80%.
Yet if you dig on this survey, you'll find Hindus hit rate are more... Know why?
Make interview with pradeep guptha axis my india
Fool people have money in hand, they are not bothered about educated & poor.
Karan sir interview the Rahul Gandhi ji
Modi hai toh mumkin hai.
GOOD SIGNS THE PRESSURE TO FEED A BURDEN ON NATIONAL RESOURCES WILL BE LESS..
India has wasted last 10years ,and another 5 r in pipeline, because of gober eating people of some states UP ,MP ,gober patti states
ऐसा लग रहा है कि कांग्रेस ने अफरात employment दे रखा था ।
A new economist been introduced by the great talent hunter Mr Thapar. They are now in discussion and Mr Thapar will artfully put his thoughts in the professor's mouth. Poor professor would fell prey to cunningness.
Steering the discussion to the right points is just fine. Or, should he ask how the guest eats mangoes - cut or biting into it?
Both are left wingers ,one is left in ,other is left out.there are no players in the field.😅
Youth are busy in making india vishvaguru....but don't know how to do.....🤣🤣🤣🤣
on twitter only 😂😂
Serious issue but some comments always twist any criticism as an attack on Indian nationalism. All statistics like World Hunger Index/Migration Index/illegal migration/Remittances/Poverty/Suicide Rates are dismissed as anti India propaganda and Western Jealousy/Racism. Pressure on the youth by parents/society is the reason for youth suicides.
Commi enjoying in UK😂😊
@karan thapar @mehrotra. One more area not discussed by any economist is the loss of debts unrecovered by SME and MSE from companies which have closed down due to IBC. This is not computed by any organisation which I am sure will be huge😊
So much negativity and poisonous as if nothing positive is happening
For a young person who is looking at their future, Yes, they can’t see anything positive
Positives have to be reflected in statistics, not in pictures showing the showman flagging off trains and opening bridges.
You cannot blame modi for this problem. Blame your parents who did not instill discipline & entrepreneurship spirit in you.
You mean, didn't give you the recipe for pakkoda?
R u cutting grass????unemployment increasing....u ,,, critics ,,,should be booked for failing in ur duty
India's population is very high and still a highly tolerable country. Still the current government is doing very good.
Proud of Shri Narendra Modiji's insights and foresightedness.
Some journalist have always been against the current government which is not fair.
Jai Hind
Modi is utterly incompetent and a autocrat. Even after the disastrous and inhuman de-mo and COVID lockdown you're supporting...
China population is also very high their poverty rate is still 0.6% they have done this in just 30 years whereas we are still 3rd world
Eske jimmedar hum 5 humare 25 waali soch hai
My devloped india is winning the race
Indian economy grew at over 8 % ruclips.net/video/9owxtlbqWoI/видео.html
People voted Modi back to power. Media should plan for 2029
Doubt this number. The question is who's growing.
@@rigeshyogi Then Rahul won the elections
Fake news, Fake news and More fake news...lol