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India's unorganized sector, which is made up of millions of small businesses that are privately owned, make up about 93% of the country's total workforce. As many as 32% of the respondents said increasing unemployment was the key reason why they would not elect the BJP again. India's Labour Ministry did not immediately respond to CNBC's queries pertaining to the country's unemployment situation. Rajan, who was speaking about how to make India an advanced economy at the George Washington University, said: "Unemployment numbers are high, disguised unemployment is even higher. A slowdown in hiring in India's huge information technology sector is also to blame for the lack of well-paying, white-collar jobs.
Persons: Rahul Gandhi, Narendra Modi, Modi, Gandhi, , Manmohan Singh, Arun Kumar, Lokniti, joblessness, Kumar, Raghuram Rajan, Rajan Organizations: DELHI, International Labour Organisation, Institute of Human, Goods, Services Tax, Jawahar Lal Nehru, CNBC, ILO, Bharatiya Janata Party, Indian National Congress, BJP, Modi, India's Labour Ministry, Former Reserve Bank of India, George Washington University, Labor Locations: India, Bihar, New Delhi
The problem is a lack of doctors, a shortage that is reaching crucial levels as India becomes the world's most populous nation. Inaugurating the first specialised medical institute in northeast India last month, Modi said his government had sought to increase the number of doctors by setting up more medical colleges. The number of public hospitals, excluding specialised institutes, has risen some 9% in Modi’s time at the top, government data shows. The government says there was a near 80% shortage of surgeons, physicians, gynaecologists and paediatricians at community health centres in rural India as of March 2022. Specialist doctors tend to go overseas or join the private sector in metropolitan and other large cities, said Dr K. Srinath Reddy, at the Public Health Foundation of India non-profit.
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