Union Budget ignores glaring issue of unemployment, says Chidambaram

Former FM says only 520 mn of India's 940 mn strong workforce have some kind of job; India has a median age of 28.43, meaning that 50% are below this age, and presumably looking for jobs

Former Finance Minister P Chidamabaram criticised the NDA government’s budget for glossing over the alarming issue of unemployment faced by the country’s youth.

Chidambaram said in Rajya Sabha that the Budget Speech mentioned that six million jobs would be created in five years through the PM Gati Shakti initiative, when the annual addition to the labour force is 4.75 million. The former finance minister said of India’s workforce of 940 million, only 520 million have some kind of job, regular or irregular. He further said that India has a median age of 28.43, meaning that 50 per cent of Indians