India may be lagging behind China in terms of economic growth or becoming a global manufacturing hub, but it has outpaced in creating the maximum number of jobs among the BRIC nations. The Organisation for Economic Cooperation and Development (OECD) in its Employment Outlook 2007 report released on June 19 said that India, the world's second-fastest growing economy after China, generated more than 11 million new jobs every year during 2000 to 2005 – higher than Brazil, Russia and China. The four countries together created over 22 million net new jobs on an average per year during 2000 and 2005, which is more than five times the net employment gains recorded in the OECD area as a whole over the same period. India generated 11.3 million net new jobs per year on an average during this period, higher than 7 million in China, 2.7 million in Brazil and 0.7 million in Russia. In contrast, the average was 3.7 million in the OECD area as a whole.
Though this sounds good to many, but things between the lines leads us nowhere where we find things getting politicised. Only God knows when we would really grow despite opportunities and being potential to lead.
Md Ziyaullah Khan