• search
For Quick Alerts
Subscribe Now  
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Shiv Sena cites CSO data, says finance minister must find solution to economic crisis

|

Mumbai, June 03: BJP ally Shiv Sena on Monday cornered the Centre over unemployment and growth rate and urged the newly-formed government to take steps to create employment.

In an editorial in its mouthpiece Saamana, the Shiv Sena came after the NSSO report, released on May 31, showed the GDP growth rate plunging to 5.8 per cent during the January to March quarter of the financial year 2018-19.

Representational Image

Recalling the Modi government's promise to create two crore jobs annually after it came to power in 2014, the editorial said, "In 2015-16, over 37 lakh job positions were vacant, but only 1.48 people were recruited. Likewise, in 2017-18, as many as 23 lakh job positions were to be filled, but only 9.21 lakh people were recruited."

Unemployment rate in India: Highest in 45 years

"Nitin Gadkari says that unemployment is not a creation of the BJP. While we agree with him, the previous government had promised that two crore jobs would be created every year. Going by that, a target of 10 crore jobs should have been crossed by now. That has not happened and the Nehru-Gandhi family cannot be blamed for this. The truth is, income generation has been on a decline and jobs in Central government have witnessed 30-40 per cent decrease," the editorial said.

The editorial also raised questions on US President Donald Trump's decision to end preferential trade status for India and sought clarity on the disconnect between government's claims and reality. "I have determined that India has not assured the United States that it will provide equitable and reasonable access to its markets... Accordingly, it is appropriate to terminate India's designation as a beneficiary developing country effective June 5, 2019," Trump reportedly said.

Shiv Sena's comments came after the NSSO report, released on May 31, showed the GDP growth rate plunging to 5.8 per cent during the January to March quarter of the financial year 2018-19.

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more