Justrojgar

Of the 1.2 billion population, 29.8% of Indians are living below poverty line and the unemployment rate is at 9.8%. Annually, 12.8 million youth are entering into the labour market along with the backlog of 49 million unemployed. Merely 5.06% of the youth in India are single skill vocationally trained. Thus, India has enormous challenges of not only creating skilled manpower, absorbing new entrants to the job market but also clearing the backlog. Unemployment can lead to extreme poverty, poor health, and susceptibility to crime, threat to country’s internal security, growing extremism, and recruitment to radical groups.

We believe that ‘income is development’. The notion of development continues to be based on the assumption that the primary need of the people at BoP is something other than the way to make money— better health care, nutrition, education, safe drinking water, etc. In reality, money is the primary means not only for the poor but also for any well-off individual to have access to the above vital resources. Social science research reveals that increase in income of poor households, lead to augmented spending on family— health, food, nutrition, shelter, clothing, children’s education and further improvement in their quality of lives.