The Economic Growth and Job Scenario of Rajasthan

In India, election time implies long rallies and big promises. They also bring hope of higher employment and a better quality of life for the people. As we are nearing the national polls in 2014, politicians are blowing their trumpets and highlighting achievements. While the national polls are yet to take place, the recent state assembly election recently saw BJP take over the reign in Rajasthan this December. The change is seen as a positive one, especially for the youth, and the new state government is likely to reinstate the state with its former glory and pride.

Current Events

With the new government coming in, the entire state of Rajasthan is feeling optimistic and upbeat. The priorities are changing and Rajasthan Chief Minister Vasundhara Raje, who has previously served as the state’s Chief Minister from 2003 to 2008, is saying the fiscal situation is set to improve. Let us take a look at the current conditions of the state.

The Focus on Youth and Employment

The people of India are more determined than ever before. They want changes coming from a strong leadership entity and a major part of this drive stems from the youth of the country. There are 30 Crore people falling in the age bracket of 18 to 30, while 50 Crore people are in the 18 to 40 age group. The younger lot is well connected via technology and latest innovations and, therefore, it takes very little time for them to publicize their views. They have their own views and come out in large numbers to vote.

Similarly, the youth of Rajasthan constitutes a significant part of the population and must be catered to. And so the government will be working on solving several issues, including unemployment. As per the assurances, there will be around 15 Lac new jobs in Rajasthan over the next five years. The government will strive to focus on providing better education and more technical edification to the youth so that they can seek better jobs in the future.

The Scenario Till Now

The government has prepared a Vision Document-2020 for Rajasthan. According to reports, the fiscal deficit was 6.6% of the Gross Domestic Product (GDP) in 2003-2004 and 1.75% of GDP in 2007-2008. Ever since 2008, the fiscal deficit has seen a slight rise and now the deficit for the fiscal year 2013-2014 has touched about 2.48% of the GDP. The Government securities and debt stands at Rs1,31,000 Crore in the current financial year, whereas back in 200 it was Rs 84,000 Crore.

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The newly formed government will work towards creating employment, improving development growth, poverty alleviation, minimizing child and mother mortality rates, decreasing the rate of drop-outs among school children and working on the overall development of Rajasthan. These key points will be included in the official documents and shall be treated as the policy draft to be followed.

With a focus on improving economic conditions, the government will be targeting development through infrastructure plans and welfare schemes. It will also concentrate on women empowerment, administrative reforms, SC/ST/OBC and the welfare of minorities and their schemes.

Author bio: A writer by profession, Devika Arora is currently writing on the extensive realm of job search and recruitment. She has written several articles and posts for the Indian job market. The above article discusses about current political events and how they impact the employment sector.