10%+ annual growth needed for new jobs. More like demographic liability
Replying to: I suggest don't bother.I wish them the best of demografic dividends luck -- Mao clone	Post Reply Forum

sinbad

05/29/2020, 21:38:39

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India only had such growth for a short amount of time before the 2008 financial crisis. Now it has been around 5-6%. Now even worse. We are looking at maybe around 2%. More job loss and hundreds of millions of job seekers willnot find new jobs and existing workers are losing jobs.

India Economy may contract by over 40%

https://economictimes.indiatimes.com/news/economy/indicators/economy-may-contract-by-over-40-in-q1-sbi-research/articleshow/76022260.cms?from=mdr

Formerly Alecto. Truce Bro.....

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Followups

I disagree.It means upper caste hindus can keep affording domestic servants - Mao Clone 05-29 21:48 | 147 bytes | +3
- I disagree. Their numbers are too small to hire everyone as domestic servants - -Corsair- 05-30 14:45 | 240 bytes | +1
  - I'm talking about wage suppression bcos of supply&demand - Mao Clone 05-30 16:04 | 955 bytes | link +1
    - Do you think the rich can hire enough poor as servants to make a difference? - -Corsair- 05-31 18:04 | 58 bytes | +1
      - I'm saying the indians are inescapably positioned for certain employments - Mao Clone 05-31 20:10 | 406 bytes | +1
        
        But those upper castes can't take their servants overseas with them - -Corsair- 06-01 06:23 | 291 bytes | +1
        
        Only a small%of hindu upper castes manage to get out. If I were modi.. - Mao Clone 06-01 17:17 | 1113 bytes |
- I guess you are right if you look at it that way. [no text] - sinbad 05-29 21:59 | 0 bytes |
- I guess you are right if you look at it that way. [no text] - sinbad 05-29 21:59 | 0 bytes | +1
  - I browse occasionally some hindu 'liberal'/'libertarian'sites.They're against - Mao Clone 05-29 22:09 | 60 bytes |