Hearted Youtube comments on Bloomberg Originals (@business) channel.
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I listened to the whole podcast (except the trade war thingy) and must I tell you as an-unemployed-yet-to-graduate, aiming-for-a-master's-degree Indian youth, that the analysis was quite sound, atleast in AEC sector since I have observed it firsthand during my 9 month internship period, demonitisation and GST hit us quite hard, and infrastructural development stimulated by the ruling government through hiring contractors, has cut down on low skill labour jobs, atleast in the cities, although increasing investment in pre-cast building methods, Ready to mix concrete, JCBs and such machinery etc.
There's plenty of work in the tier three city though, but due to an acute lack of infrastructure and contempt for innovation, no person who ever leaves for tier 1 city, ever goes back.
This is similar pattern of say the Americas in the last decades of 20th century, just with extra layers of disruptive innovation, increasing bipartisanship, poor education system leading to low skill even in the educated making them unemployable, rampant class inequality, underlooked Agragarian distress etc.
Also, there's severe lack of confidence between today's youth, and the older generations; to us everything feels expensive, and the ever-accesible 4G smartphones give us information hangover, through breakfast to dinner.
To them it's just what life is- survival.
And ofcourse this is solely the top 1% of this country (monthly income of ~₹65k/month)
Everybody just lives in their own information bubbles, the likes of which only celebrities had privileges to before Social Media(tiktok has one of the largest user base here) wanting to hold on to that temporary feeling of approval given by people we never even had a real conversation with.
There's a severe lack of commendable blogs, and reports, and the TV Media is cashing in the most out of it!
All this will either go into something very positive or direly negative, no in-between for sure, really depends on how the policy development and execution works on the political level, and what we ourselves choose to focus on, on an individual level. 'Community' is diminishing to obscurity.
Edit: Grammar
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