Letter to BS: Need solutions on weak policies leading to eco-slowdown

Certainly import-competing domestic production is not bad. And labour-intensive products stand no chance in the highly competitive export market

This refers to "The Job crisis worsens" (November 19) by ex-CEA Shankar Acharya. He explains in the subtitle that for the worsening job crisis, the main blame should not fall on the slowdown but on weak policies. He has quoted remarkable quantity of data to prove the extent of job loss. About weak policies, he has simply enumerated the poor state of public education, skilling system, labour laws, exchange rate, exports that are not labour intensive, import-competing domestic production, poor infrastructure, weak public sector banks etc. In effect, he has blamed everything. But what is wrong with everything, he has