02-08-2007, 12:37 AM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--> <b> 'If price rise not checked, jobs won't happen' </b>
Pioneer.com
Santanu Banerjee | New Delhi
<b>Even as the UPA Government presented a rosy picture about over 9 per cent GDP growth, Planning Commission Deputy Chairman Montek Singh Ahluwalia has expressed serious concern about slowing down of employment generation in organised sector and rising inflation.</b>
Talking to reporters after the advance estimate of national income for 2006-2007, projected GDP growth of 9 per cent, Ahluwalia said in the absence of conclusive data in the sphere of employment, health and education, it was not possible to have a complete picture of the trickle down effect of the plans and programmes of the Government.
Expressing concern over mismatch between growth and employment, Ahluwalia said, <b>"There is a need to know why organised sector had failed in generating adequate jobs."</b>
The Plan panel is also unhappy with the nature of available jobs. Officials said that <b>time has come to distinguish between the bad jobs (more jobs without social security in restaurant/dhabas) in unorganised sector and good jobs in organised sectors with social security networks in effect</b>.
"There should be a serious probe as to how more (good) jobs could be created in organised sectors,'' said a top Plan panel official.
Ahluwalia expressed concern over the rising inflationary trends and indicated that unless price rise was checked, the Government's programmes would be adversely affected.
<b>" Inflation is a cause of serious concern. If the Government could control in short term with administrative measures, the situation could be handled. But failure to do so will have serious ramifications," </b>he said.
<b>Taking a dig at Chinese economic models, he said "growth, democracy and political pluralism has proved that these "forces are not working at cross purposes, at least Indian experiment has come up with an example."</b>
The observers here feel that standing at the threshold of elections in four States, Uttar Pradesh, Uttaranchal, Punjab and Manipur,<b> the UPA Government was trying to send the message to the electorates that all was well with the country's growth models.</b>
But lack of definite figures on important sectors, like employment, health and education apparently reflected that it may not be so and the Government was not willing to come out with real facts and figures to hide its failures.
<!--QuoteEnd--><!--QuoteEEnd-->
Ravishji,
Now you know mystery of these entire rosy pictures â ELECTION
Pioneer.com
Santanu Banerjee | New Delhi
<b>Even as the UPA Government presented a rosy picture about over 9 per cent GDP growth, Planning Commission Deputy Chairman Montek Singh Ahluwalia has expressed serious concern about slowing down of employment generation in organised sector and rising inflation.</b>
Talking to reporters after the advance estimate of national income for 2006-2007, projected GDP growth of 9 per cent, Ahluwalia said in the absence of conclusive data in the sphere of employment, health and education, it was not possible to have a complete picture of the trickle down effect of the plans and programmes of the Government.
Expressing concern over mismatch between growth and employment, Ahluwalia said, <b>"There is a need to know why organised sector had failed in generating adequate jobs."</b>
The Plan panel is also unhappy with the nature of available jobs. Officials said that <b>time has come to distinguish between the bad jobs (more jobs without social security in restaurant/dhabas) in unorganised sector and good jobs in organised sectors with social security networks in effect</b>.
"There should be a serious probe as to how more (good) jobs could be created in organised sectors,'' said a top Plan panel official.
Ahluwalia expressed concern over the rising inflationary trends and indicated that unless price rise was checked, the Government's programmes would be adversely affected.
<b>" Inflation is a cause of serious concern. If the Government could control in short term with administrative measures, the situation could be handled. But failure to do so will have serious ramifications," </b>he said.
<b>Taking a dig at Chinese economic models, he said "growth, democracy and political pluralism has proved that these "forces are not working at cross purposes, at least Indian experiment has come up with an example."</b>
The observers here feel that standing at the threshold of elections in four States, Uttar Pradesh, Uttaranchal, Punjab and Manipur,<b> the UPA Government was trying to send the message to the electorates that all was well with the country's growth models.</b>
But lack of definite figures on important sectors, like employment, health and education apparently reflected that it may not be so and the Government was not willing to come out with real facts and figures to hide its failures.
<!--QuoteEnd--><!--QuoteEEnd-->
Ravishji,
Now you know mystery of these entire rosy pictures â ELECTION