This Blog is all about MBA at IIT Kanpur. It is a window for the people who wish to be a part of IIT Kanpur and its life. It includes all the happenings that do the rounds in DIME, IIT Kanpur. It is an opportunity for all of us to share our activities and success stories here and in a way provide a platform to listen to everyone's ideas, views and suggestions and make a difference with each passing day!
All about the good part first, we all are hearing good news about India being the bright spot in the world, F.D.I. inflows are at their peak levels, stock market breaking all previous records, major reforms getting passed, less corruption levels at the highest level of the government, though the root level corruption is still plaguing this nation. You feel things are going in the right direction until you are greeted with the recent job numbers. To set the context right let’s look at some numbers: 12.56 lacs jobs were created in 2009 and a meager 1.35 lacs and 2.31 lacs in 2015 and 2016 respectively. We used to call the period corresponding to the 2009 numbers as jobless growth. What will you call this? Super jobless growth? Or Hyper jobless growth? Well I will leave it to you to come up with fancy terminologies.
Dearth of Investments
So, what’s the reason for all this misfortune which has come our way even when we are the brightest spot and so much F.D.I. inflows are happening? Well …