Creating employment

The Union Budget, as presented by Union Finance Minister Nirmala Sitharaman on Tuesday, clearly reflected the political priorities presented to the government after its less-than-expected gains in the recent elections. One interpretation of that mandate was concern about employment in India. The Budget speech highlighted several new schemes designed to increase access to jobs among India’s ambitious and educated youth, who face a high unemployment rate. As a motivation and guide for policy, this cannot be ruled out. However, it may have to go back to the drawing board when it comes to the specifics