The book discusses the pertinent topics of unemployment and inflation within the framework of India's seventy-five years of independence. It draws attention to the inability of succeeding administrations to successfully manage the persistent econo...
The book discusses the pertinent topics of unemployment and inflation within the framework of India's seventy-five years of independence. It draws attention to the inability of succeeding administrations to successfully manage the persistent economic issues facing the country. According to the author, mismanagement and corruption are closely related to unemployment and inflation, which are weakening the foundation of society. The conversation about inflation explores its origins and effects while highlighting how much more of a burden it falls on the average person than on corporations. The issue is made worse by improper recording of cash transactions, which encourages tax fraud and reduces the efficacy of policies like the GST. In order to guarantee that customers reap the benefits of GST and prevent inflation, the author proposes changes to invoicing procedures. Similarly, the problem of unemployment is discussed, with the blame for its increase going to a misaligned agenda in education and a dearth of vocational training. The author pushes for a change in educational offerings to better meet industry needs, such as skill-building courses for the building and agricultural industries. This is suggested as a way to address the unemployment issue along with better use of human resources. All in all, the piece offers a provocative examination of two important problems the country is currently experiencing. It provides an understanding of the underlying causes of unemployment and inflation and suggests workable remedies to deal with them. Nonetheless, a more thorough examination of possible policy solutions and their viability would improve the conversation's depth.