But, but the EcOnOmY is doing great... for the 0.01%

Software Engineer

Generalist

Jobless growth to favour billionaires

Jobless growth to favour billionaires- Grapevine

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The family members said that the agents who sent Tamang to Russia promising a lucrative job as a security personnel had taken ₹6 lakh from him. They deceived him and forced him to fight for Russia in its war against Ukraine, they said.

Jobless growth

Consultant

Rahul Gandhi in a rally says this :
"The youth who are unemployed and watching Facebook Instagram reels today will be given ₹1,00,000 khatakhat khatakhat!"

Now, I don't know how can someone be an advocate for this kind of statement?
I know this won't happen but at least give a proper reason. He is literally saying watch reels and earn.

I really feel privileged that TikTok is banned after hearing this from a leader who is trying to become PM of our country.

F Hard Work!

Software Developer

With all the buzz about being a developed country, a basic issue which can destroy any economy is totally being overlooked. Unemployment is not on the radar of general public. If it continues like this, a collapse is on the way. Mission mode action is required if we want our new graduates to get some basic job for survival. Otherwise a ripple effect is going to blow up everything. 
Note: selling pakoda is not an option.

- Congress has asked Prime Minister Narendra Modi for his stance on a billionaire tax ahead of the G20 meeting.
- Brazil's proposal for a 2% wealth tax on billionaires, supported by several countries, could raise significant funds for public investments.
- A research paper suggests a 2% wealth tax and a 33% inheritance tax in India could generate 2.73% of GDP in revenues.
- A survey shows 74% of Indians support taxing wealth to address global issues like hunger, inequality, and climate crisis.
- Former leaders have urged current G20 leaders to support a global billionaire tax, though some nations have raised objections. 

 Source: Economic Times

Congress Pushes for Billionaire Tax Amid Global Discussions

Journalist

The present-day golden era of Indian billionaires has produced soaring income inequality in India—now among the highest in the world and starker than in the U.S., Brazil, and South Africa. 

The gap between India’s rich and poor is now so wide that by some measures, the distribution of income in India was more equitable under British colonial rule than it is now.

Since the pandemic begun to Nov 2022, billionaires in India have seen their wealth surge by 121%, or INR 3608 Crore per day in real terms (Around INR 2.5 crore every minute).

Billionaire Raj: India's richest 1% holds 40% of the country's wealth

What does unemployment around you look like? Or if not around us, for people trying to come out of Tier 2/3 towns. These mass recruiters (behemoths like Capgmeni & Cognizant + TCS Infosys) are actually the gateway for many into a city life. In the absence of it, it's scary to think what they're up to.

What happens to those 1.5L students/professionals? Scares me everyday.

Corporate strategy

All this for just 10 vacant positions. Country witnessing best jobless growth ever.                  https://www.moneycontrol.com/news/trends/gujarat-stampede-like-situation-in-bharuch-hotel-as-hundreds-turn-up-for-job-interview-12767104.html

The Great Indian Growth Story

Good time to analyse your investments and make adjustments. Keep an eye on how much runway you have in liquid assets in case worst happens.

Worst is yet to come. Fasten your seatbelts.

Product Manager

Hi Guys 
I am a front end developer looking out for job from past one month and I haven't received a single offer letter , 
I got transferred from Bangalore to Gurgaon due to family reasons but I feel here there is no job at all, The interviewer has a whole different attitude and I am getting rejected even after answering everything correctly

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