It’s a great leap backward on the employment front in India’s rural areas
Live MintShiv Prasad has a plan—one that he feels can change his destiny. “The problem is that we, being part of the government, cannot acknowledge that demonetization seriously disrupted the flow of activity and massively contributed to employment-related problems.” A visit to a government-run industrial training institute in Banda, nestled inside a village named Motihari, is testimony to the utter lack of employability even among the better skilled. The ITI tasked to train rural youth in skills such as electrical, computing and machining is also part of a state-level skill development programme that is funded by the Union government’s Skill India initiative. In the absence of any hard data or estimates on migratory trends, that reality conforms to the stagnation in rural wages across India that grew at just 0.02% per year since May 2014, when the Modi-led National Democratic Alliance government took charge. it also means worsening inequality and rising impoverishment in rural areas,” says Himanshu, associate professor of economics at Delhi’s Jawaharlal Nehru University, and a Mint columnist.