The unemployment rate in India is officially 5 per cent, but of the 95 per cent who are employed, many are underemployed, says Swamy
Rajya Sabha MP Subramanian Swamy on Sunday said that Ahmedabad should have been renamed as Karnavati a long time ago. He brought up the matter of the city being renamed while speaking at the two-day Youth Parliament organised by Karnavati University.
"The then chief minister had written to the then Prime Minister asking that the city be renamed. But it was turned down. Manmohan Singh was the PM then. Today, the then CM is India's PM and he should expedite the process," Swamy said while addressing students on the issue of employment and entrepreneurship.
He said that the unemployment rate in India is officially 5 per cent, but of the 95 per cent who are employed, many are underemployed. If we were to take these into consideration, the unemployment will be very high, said Swamy.
Criticising the education system that encourages people to look for a job instead of being risk takers, Swamy said most MBAs in the country look for a job once they graduate. "It is a mindset of the British education system. Our attitude is that of a slave. We are taught to be afraid and we are content to be cowards," said Swamy.
Speaking about the sidelining of women in entrepreneurship, Swamy joked: "Even Lord Brahma's cabinet is full of women and all important portfolios are held by them except for Naradmuni, who holds the I &B portfolio. But today, women are sidelined from entrepreneurship for fear of safety," said Swamy. He reminded the students that employment is a way to slavery, if they could not be risk takers.
Other speakers at the event included Sam Pitroda, father of Indian telecom revolution, Meenakshi Natarajan former Lok Sabha MP and Kiran Bedi, Lt Governor Puducherry.
Pitroda warned the students that employment is a complex problem and we don't know the solutions. He said the best of technology today was used in solving problems of the rich and not the poor. Giving an example of how technology could be of help, he said the country today has 32 million pending court cases. "We are looking at building more courts and having more judges. Instead what if we develop algorithms for judgement? You can clear 32 million cases in a year's time," said Pitroda.
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