红火树 RedFireTree
Hindustan Times
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Comments by "红火树 RedFireTree" (@firetree2007) on "PM Modi Claims 8 Crore Jobs Created In Last 3-4 Years, Cites RBI Data: ‘Silenced Those Who…’ | Watch" video.
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The most important job is job in manufacturing, Modi promised to create 100 million jobs in manufacturing, however, if you check with AI,
"Employment in India's Manufacturing Sector:
2017: Approximately 62.4 million workers.
2023: Around 27.3 million workers."
Which showed, India lost over 35 million jobs in manufacturing from 2017.
WSJ published an article on Jan 15 2024
India Wanted a Manufacturing Boom. Its Workers Are Back on the Farm Instead.
India’s agricultural employment is growing by tens of millions despite Prime Minister Narendra Modi’s push for factory jobs
India's population has surpassed China, with huge number of youth which labeled India as the youngest major country in the world, however, most of them cannot find jobs in cities, and cannot create wealth, soon, they will become old, waste their youth, and become a huge burden for the country.
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With the same population size, China's employment percentage for the past 10 year, stabilized at 67%, India is at about 37-40%,, which means, currently, China has 938 million employed, India in 2023, total 406 million employed, that is 29% of the total population. a very sharp drop from previous average.
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