Economy and jobs

By Nagaland Post | Publish Date: 4/7/2019 12:17:36 PM IST

 When it comes to economy, Nagaland last year recorded a Per Capita Income (PCI) of Rs.90,000 which is not bad. That figure placed Nagaland in fourth place among all eight north eastern states. The highest PCI recorded was Sikkim with Rs.2.97 lakh and followed by Mizoram with Rs.1.28 lakh and Arunachal Pradesh in third place with Rs.1.19 lakh. The PCI however does not reflect the actual development in terms of basic infrastructures and in this area, Nagaland ranks at the lower half of the bottom. The consequences of poor infrastructure undercuts the potential for growth and that adversely affects job creation. The economy is therefore not booming but whatever has been considered, come mainly from money pumped into the local economy by the state government. The main job giver is the state government which alone employs around 1.4 lakh out of a total of 19.8 lakh people. However, despite several years of expansion of government through bifurcation of departments or creation of new ones also promoting entrepreneurship; unemployment continues to rise. These efforts have proved incapable of absorbing a larger segment among the rising number of unemployed youth in the state. There could be practically over one lakh unemployed youth in the state, by some estimates. Each year, thousands who come out of colleges or various institutions are unable to find “suitable jobs”. There are several thousand graduates, some specialized in a particular field and a few thousand post graduates but a majority are unemployed. The investments in furthering education appears to have been in vain. Frustration has grown because more and more are not finding jobs and unfortunately, expose the desperate ones into taking up undesirable activities. The sense of frustration is more when the practice of “backdoor appointment” continues in the government. Even if different ruling parties proclaim their commitment for transparency, when it comes to the test, it is the same result. The efforts to impart skills has been welcomed as it was believed to be the panacea. Imparting skills that are honed in for employment may not be the cure for the ailment because that many jobs are not available. To add to the problem, the state’s economy is on unsure ground, with no industries and restricted opportunities for investments in private enterprises owing to the feeling of insecurity. The only viable economic activity is for tapping huge resources from oil operations. However, till the oil issue is resolved, the practical aspect is to evolve a sustainable economy is agro-industrial which , has been retarded and eventually consigned to unstable ground due to frequent changes of ‘vision’. Exploiting oil resources would not only benefit the state financially but also provide the much needed quantum job opportunities for many thousands of youths with self-employment avenues. Good governance is needed to effectively enforce the rule of law and tackle lawless elements spreading their tentacles. The disinclination by authorities stem from lack of political will of those holding the reins of power. An economic vision prepared through political aberration that does not take into account the ground reality will not go far and thus be worth the paper it is printed on. This has been the case and will remain unless there is a will to make a turnaround.

Launched on December 3,1990. Nagaland Post is the first and highest circulated newspaper of Nagaland state. Nagaland Post is also the first newspaper in Nagaland to be published in multi-colour.

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