Employment outlook -2020 & beyond
Since past few years, Indian economy has witnessed many challenges and is currently reeling through slowdown because of changes in the business ecosystem, government policies & frameworks (which should have worked as 'enabler') introduction of a simplified tax regime called GST (which has added to it further, negatively). Much of this is directly impacting the overall economy, declining employment rate, high cost of education, healthcare etc are the major concerns at the root of economy. Manufacturing, Retail, Telecom, BFSI, Services are all a big hit in account of socio-economic factors, lower consumption patterns, lower export besides many stimulus'es driving investments, skills development, ease of doing business etc devised by the current government. The government data showing growth can be debated further as it picks selective period in which the growth is shown and compared with periods (which are meant to show growth; majorly around festi...